Private Markets Reported Commitments: February 2023
by Andrés Ramos, Content Marketing Specialist – Nasdaq Private Fund Solutions
Overview
In February 2023, 28 public pension plans reported a total of $3.9 billion in commitments to private equity funds, with an average commitment size of $53.8 million. A total of 72 commitments were reported in the month.
Most Active Pension Plan Investors by reported commitments – February 2023
New Mexico SIC, $455 billion across 4 reported commitments
- TA Associates – $300 million
- Genstar Capital – $100 million
- Menlo Ventures – $30 million
Hawaii ERS, $305 million across 7 reported commitments
- Bridgepoint Advisers – $50 million
- Hellman & Friedman – $50 million
- GTCR – $50 million
- Vistria Group – $50 million
Illinois Teachers, $178.9 million
- Archimed Group – $68.9 million
- StepStone Group – $60 million
- Greenbriar Equity – $50 million
Santa Barbara County ERS, $126.6 million across 13 reported commitments
- KPS Capital – $50 million
- NewView Capital – $50 million
- Symphony Technology Group – $50 million
Top Fund Managers by number of reported commitments – February 2023
- GTCR – 4 reported commitments, $770 million
- TA Associates – 3 reported commitments, $370 million
- Vistria Group – 3 reported commitments, $233 million
What does the future hold for private equity funds?
In addition to tracking past commitments and providing unique LP insights, the Nasdaq eVestment platform tracks investors’ asset allocation weightings and details on project and confirmed funds coming to market. Click the button below to request a fundraising intelligence pack.
The intel pack features a list of 5 under-allocated LPs and insights on GP competitors coming to market.
Overview
In February 2023, 11 public pension plans reported a total of $1.4 billion in commitments to private debt funds, with an average commitment size of $109.6 million. A total of 13 commitments were reported in the month.
Most Active Pension Plan Investors by reported dollar commitments – February 2023
Illinois Teachers, $500 million
- Oaktree Capital Management – $250 million
- Ares Management – $250 million
North Carolina Retirement Systems, $300 million
- Centerbridge Partners – $300 million
Kentucky Retirement, $175 million
- Adams Street Partners – $175 million
University of Michigan, $80 million
- Kian Capital – $40 million
- Hidden River Strategic Capital – $40 million
Top Fund Managers by number of reported commitments – February 2023
- Silver Point Capital – 2 reported commitments, $124.5 million
- Centerbridge Partners – 1 reported commitment, $300 million
- Oaktree Capital Management – 1 reported commitment, $250 million
- Ares Management – 1 reported commitment, $250 million
What does the future hold for private debt funds?
In addition to tracking past commitments and providing unique LP insights, the Nasdaq eVestment platform tracks investors’ asset allocation weightings and details on project and confirmed funds coming to market. Click the button below to request a fundraising intelligence pack.
The intel pack features a list of 5 under-allocated LPs and insights on GP competitors coming to market.
Overview
In February 2023, 13 public pension plans reported a total of $2.7 billion in commitments to real estate funds, with an average commitment size of $135.5 million. A total of 20 commitments were reported in the month.
Most Active Pension Plan Investors by reported dollar commitments – February 2023
LACERA, $600 million
- Clarion Partners – $600 million
Florida SBA, $593.7 million across 4 reported commitments
- L&B Realty Advisors – $192.3 million
- Stockbridge Capital Group – $186.4 million
- Torchlight Investors – $150 million
Washington State (WSIB), $500 million
- Partners Enterprise Group – $500 million
NY State Common Retirement Fund, $386 million
- Cortland Partners – $300 million
- LaSalle Investment Management – $71 million
- Grosvenor Capital Management – $15 million
Illinois SURS, $90 million
- Brasa Capital Management – $50 million
- Long Wharf Capital – $40 million
Top Fund Managers by number of reported commitments – February 2023
- Clarion Partners – 1 reported commitment, $600 million
- Partners Enterprise Capital – 1 reported commitment, $500 million
- Cortland Partners – 1 reported commitment, $300 million
What does the future hold for real estate funds?
In addition to tracking past commitments and providing unique LP insights, the Nasdaq eVestment platform tracks investors’ asset allocation weightings and details on project and confirmed funds coming to market. Click the button below to request a fundraising intelligence pack.
The intel pack features a list of 5 under-allocated LPs and insights on GP competitors coming to market.
Overview
In February 2023, 4 public pension plans reported a total of $640 million in commitments to real assets funds, with an average commitment size of $106.7 million. A total of 6 commitments were reported in the month.
Most Active Pension Plan Investors by reported dollar commitments – February 2023
Washington State Investment Board (WSIB), $400 million
- UBS Asset Management – $200 million
- Homestead Capital – $200 million
Connecticut Retirement, $200 million
- Global Infrastructure Partners – $200 million
Baltimore City Fire & Police, $25 million
- Brookfield Asset Management – $15 million
- The Carlyle Group – $10 million
Santa Barbara County ERS, $15 million
- EQT Fund Management – $15 million
What does the future hold for real assets funds?
In addition to tracking past commitments and providing unique LP insights, the Nasdaq eVestment platform tracks investors’ asset allocation weightings and details on project and confirmed funds coming to market. Click the button below to request a fundraising intelligence pack.
The intel pack features a list of 5 under-allocated LPs and insights on GP competitors coming to market.
Intelligent Fundraising
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Data included in this report is sourced exclusively through information available in our Market Lens tool, a one-stop platform offering access to underlying documents and information from public plans and their consultants, including investor profiles, asset allocation studies, commitment pacing plans, peers’ pitchbooks and much more.
Clients use this information for up to the minute insights into market trends, and to better identify prospective investors and access more granular information to tailor pitches and presentations to accelerate their fundraising and enhance investor relations.
