NYSCRF approves $150m commitment

The US public pension has backed a North American private debt fund.

Institution: New York State Common Retirement Fund
Headquarters: Albany, US
AUM: $216.30 billion
Allocation to alternatives: 21.50%

New York State Common Retirement Fund has agreed to commit $150 million to Castlelake Aviation IV Stable Yield Opportunities, as published in pension’s July 2020 monthly investment disclosure report.

Castlelake Aviation IV is a closed-end aviation assets fund focused on acquiring, managing and leasing in-production, mid-life aircraft and engines.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the real estate, corporate and infrastructure sectors within the Asia-Pacific, North America and Europe regions.

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