Industry Ventures receives commitment from NHRS

The US public pension has extended its relationship with Industry Ventures.

Institution: New Hampshire Retirement System
Headquarters: Concord, US
AUM: $10.62 billion
Allocation to alternatives: 27.11%

New Hampshire Retirement System has approved a $25 million commitment to Industry Ventures Partnership Holdings VI at its June 2021 investment committee meeting, a contact at the pension confirmed to Secondaries Investor.

The fund’s predecessor, Industry Ventures Partnership Holdings V, held a final close on $335 million in June 2018, exceeding its $250 million target.

As illustrated below, the pension’s recent commitments have been to funds that focus primarily on North American investments. Alternative investments constitute 27.11 percent of its entire portfolio.

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