VRS finds opps in RA, diversifying strategies and credit
The
$116.1bn Virginia fund disclosed allocations made in the last month.
VRS
Recent PE allocations by investors favor healthcare and technology commitments
The
$142.1bn Minnesota State Board of Investment has committed to similar funds as
VRS, CPP and Pennsylvania PSERS within its private equity sleeve.
CIO Andrew Junkins considers ‘active management’ for high returns amid new PE, RE commitments
The
$113.9bn system disclosed its recent commits alongside flagging a high 9.9%
return for fiscal year 2024
Virginia Retirement System discloses its recent commitments to its private equity and real assets portfolio
The $113bn system has most recently made $575m commitment to its RA portfolio and $300m to its PE portfolio, as shown in the June meeting materials.
Virginia Retirement System Terminates One Manager, Commits to Two Others
CIO Ronald Schmitz also expects private equity returns
to be a bit stronger than hoped.
Virginia Retirement System Commits More than $3B to 18 Managers; Terminates 2 Others
Private
equity receives nearly half of the commitments.
Virginia Retirement System ’Slowing Down’ its Private Equity Investing
Above
target, plan makes no new commitments in May, but does back private credit and
real assets funds.
Virginia Retirement System Names New CIO
Junkin
will leave Rhode Island and replace Schmitz.