NMSIC plans to invest $240m in private equity and has updated its 2025 private equity strategy target allocations
The program will target private equity, private credit, infrastructure and private real estate, according to Ventura County Employees Retirement Association.
Sacramento County Employees' Retirement System plans $250m of commitments.
AKKR Strategic Capital will invest in the software industry in the secondary market.
Also, Neos raised $350 million for a co-investment vehicle alongside Fund II.
FHGB XI will focus on acquiring controlling stakes in middle-market healthcare companies.
Fund III's LPs include endowments, foundations, insurance companies, pensions, financial institutions, and family offices.
Fund V's LPs include pension funds, asset managers, fund of funds, endowments, foundations, health systems, family offices, and insurance companies.
LACERA will be allowed to commit up to 35% of its private equity allocation to secondaries or co-investments, and up to 20% of the allocation to funds of funds.
Kern County Employees' Retirement Association has split the amount across two private equity funds.