Institution: South Carolina Retirement System
Headquarters: Columbia, US
AUM: $38.16 billion
Allocation to private equity: 15%
South Carolina Retirement System committed $105 million to private equity vehicles according to its recent commission meeting documents.
Industry Ventures Secondary X is a venture capital secondaries vehicle focusing on North American transactions. The fund has a target of $1 billion, with its predecessor fund surpassing a $750 million target and holding a final close on $850 million.
The Falfurrias Growth Partners I is a diversified fund targeting growth equity in the North American region.
The $38.16 billion public pension has a current allocation of 15 percent to private equity, which is well over its target allocation of 9 percent.
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