SC pension backs ex-Trump official’s second healthcare fund, VC fofs
All told, the pension fund committed $250 million to five funds in private equity, venture capital, and private credit throughout February, according to a new meeting agenda.
All told, the pension fund committed $250 million to five funds in private equity, venture capital, and private credit throughout February, according to a new meeting agenda.
The La Jolla, California-based money manager has raised at least $56.2 million for StepStone VC Diversity II LP, including $5 million for an affiliated offshore fund, filings show.
The Boston-based firm, with $10 billion AUM, has raised at least $405.5 million of a targeted $550 million for HighVista Private Equity X LP and a related offshore fund, according to regulatory filings.
The fundraising update comes as J.P. Morgan Asset Management continues to campaign for greater access to private equity investments in what it calls the “democratization of alternatives.”