'Our strategy is getting copied almost note for note,' said chief investment officer Jase Auby.
The system’s consultant sees distributions returning to form over the next year.
The fund has already made three investments.
The private equity behemoth now holds $902bn in AUM.
The system plans to commit $385m to PE in 2024.
The system plans to commit to Franklin Park’s latest co-investment fund.
The system recently changed its policy to allow for quick commitments to continuation funds.
In recent months, four of the five members of the $69.8bn system’s private equity team have left.
The $49.7bn sovereign wealth fund looks to add more mid-market managers to its private equity portfolio.
The $138.5bn system recently sold huge stakes of its private equity portfolio.
buyouts
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