Public pensions tracked by Buyouts committed more than $5.9 billion to private equity funds in Q3.
Massachusetts Pension Reserves Investment Management Board led the way, committing at least $600 million in the third quarter. During the quarter it backed Hellman & Friedman IX, Lovell Minnick Equity Partners V and TCV X.
New Jersey Division of Investment and Oregon Investment Council committed the second largest amounts to PE in the quarter, according to our tallies. Both made $500 million commitments to Vista Equity Partners’ seventh flagship. These were the largest single commitments by any LP.
To review all the commitments by LPs through the third quarter, click here.