NewQuest and Whitehorse receive commitments from New York State Common

The US public pension has backed two secondaries funds.

Institution: New York State Common Retirement Fund
Headquarters: Albany, United States
AUM: $210.20bn
Allocation to alternatives: 18.70%
Bitesize: $100-200m

New York State Common Retirement Fund has approved commitments of $200 million to Whitehorse Liquidity Partners III and $20 million to NewQuest Asia Fund IV, according to the pension’s latest monthly report.

These are the first secondaries commitments New York State Common has made since the pension committed to two Landmark Partners funds in 2016: Real Estate Partners VIII and Equity Partners XVI.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.