Insight

NYSCRF approves $694m to buyout vehicle

The Albany-based public pension fund, which backed two private equity funds, now has a total value of $248.5 bn.

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Institution: New York State Common Retirement Fund
Headquarters: Albany, US
AUM: $248.5 billion
Allocation to private equity: 14.73%

The New York State Common Retirement Fund has recently announced a significant investment commitment of $694 million, as reported in its latest monthly update.

The Albany-based public pension fund has committed to the following funds:

The total value of this US public pension fund currently stands at $248.5 billion, with its current allocation being 14.73 percent. Notably, the pension fund’s private equity investments are valued at $36.6 billion.

As outlined below, the pension fund primarily focuses on diversified investment vehicles that emphasize returns from buyout, debt and growth equity.

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