The $72.4bn pension system's commitment pertains to a continuation vehicle for Esdec Solar Group, board documents show.
Supply from managers looking to the secondaries market to hold onto assets for longer periods continues to grow.
Healthcare specialist BPOC moved five assets into a separate fund in an Asante-advised process.
The loans represent small portions of activity for the GP-led vehicles, but they can be used for certain funding and buyer needs.
The Hunter Point transaction means that almost all of the large secondaries firms, according to the SI 50 ranking, have either sold a stake, gone public or are part of a wider asset management platform.
Closing deals in this environment is challenging, with wide bid/ask spreads and syndication issues.
Sabina Sammartino joins as the advisory unit of Japanese financial services conglomerate Daiwa Securities continues to build up its secondaries capabilities.
The investment bank's capital solutions team has advised on around $68bn of secondaries, direct and co-investment transactions.
Asia and Australasia secondaries accounted for around 4-5% of both LP-led and GP-led deal volume last year.
Tender offers plus staples can be a powerful tool to provide liquidity to cash-strapped LPs; some buyers say they have different thoughts.