South Carolina Retirement System Investment Commission, Columbia, committed up to $531 million to five private equity funds and a private credit fund for the $28.2 billion South Carolina Retirement Systems’ investment portfolio, according to board documents.
At its meeting June 4, the board disclosed a commitment of up to €100 million ($113 million) to CVC Capital Partners Fund VIII, a European buyout fund. It also committed up to $100 million to Francisco Partners Fund VI and up to $50 million to Francisco Partners Agility II, each buyout funds; up to £75 million ($93 million) to Bridgepoint Development Capital IV, a European middle-market buyout fund managed by Bridgepoint Capital; and $75 million to buyout fund Clayton Dubilier & Rice XI.
Lastly, the board committed up to $100 million to Eagle Point Credit Partners, a private fund focused on primary and secondary collateralized loan obligation equity securities managed by Eagle Point Credit Management.
Can’t stop reading? Read more
Blackstone teams with Dubai Aerospace on $1.6bn annual aircraft leasing push
Blackstone teams with Dubai Aerospace on $1.6bn annual aircraft leasing push Blackstone has...
CVC seeks co-investors for $12.7bn Recordati buyout in mega LBO push
CVC seeks co-investors for $12.7bn Recordati buyout in mega LBO push CVC Capital Partners is...
Court Square closes $3.8bn Fund V above target in record raise
Court Square closes $3.8bn Fund V above target in record raise Court Square Capital Partners has...