Name: New Hampshire Retirement System
HQ: Concord, US
AUM: $11.35 billion
Allocation to alternatives: 29.70%
The vehicle, which is managed by HarbourVest Partners and launched in 2021, has a target size of $13.5 billion, which would make it one of the largest secondaries funds ever raised.
NHRS has a 14.74 percent allocation to private equity, which comprises of $1.67 billion of capital. The LP is currently oversubscribed to the asset class, with a target allocation of 10 percent.
As illustrated below, NHRS’s recent commitments have tended to focus on funds that invest across North America.
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