Insight

SCRS reveals $250m in commitments

South Carolina Retirement System has revealed five commitments in its March investment commission meeting. 

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Name: South Carolina Retirement System
Headquarters: Columbia, US
AUM: $39.88 billion
Allocation to private equity: 14%

South Carolina Retirement System has revealed five commitments made in February at its March investment commission meeting.

The commitments are spread along various strategies, with $40 million to the Rubicon Fund II buyout fund; up to $100 million to the KKR Asset-Based Finance Partners II debt fund; two venture capital vehicles in Horsley Bridge Venture 15 targeting $1.45 billion; tech-focused fund Spark Capital VIII targeting $700 million; and growth equity fund Spark Capital Growth Fund V targeting $1.4 billion.

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