Arizona Pension Fund Invests In PE Funds

The Arizona Public Safety Personnel Retirement System has made investments in three private equity funds.

The Arizona Public Safety Personnel Retirement System has made investments in three private equity funds, Pensions & Investments reports. The $6.8 billion system has committed up to $85 million to the funds. The system has allocated about $30 million each to Trustbridge Partners IV and Vivo Ventures Fund VII. The J.P. Morgan Airro India SideCar Fund U.S. received commitments of nearly $25 million from the Phoenix-based public pension fund.

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