The $600m portfolio comprises two mandates from Pantheon and Pathway Capital Management, Secondaries Investor has learned.
The US corporate pension plans to increase its overall exposure to private equity while reducing its 80 GPs over time.
SL Capital Partners' listed FoF paid a 2% premium, compared with a 2.5% discount for a stake in the same fund in September 2015.
The law firm’s announcement comes after weeks of high-profile departures including its secondaries-focused professionals.
The former Federal Reserve chairman told PEI's CFOs and COOs Forum that the Act, which includes the Volcker Rule, was "embedded in the system".
The US public pension plan could bring in-house some of its $30bn in private equity exposure.
The hire comes as the global investment manager seeks €250m for its first secondaries fund in the asset class since the firm's 2014 formation.
The promotion was part of 62 senior-level appointments at Carlyle, including a London-based managing director at AlpInvest Partners.
Average bids for so-called unicorns will fall by 10 percentage points following a year of 'unrealistic' valuations, according to a report by the advisory firm.
The $4bn defined benefit pension has previously committed to vehicles managed by Lexington Partners and W Capital Partners.
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