The South Carolina Retirement System Investment Commission (RSIC) has had a busy autumn regarding new commitments to private investment funds.
During late September/early December, the approximately $40 billion public retirement fund awarded approximately $350 million to four funds.
RSIC made commitments to the tune of $175 million to private equity, comprising a $75 million allocation to Great Hill Equity Partners VIII in October, and an allocation of up to $100 million to Blackstone Strategic Partners IX in November.
Regarding private credit, it awarded $100 million to KKR Asset-Based Finance . . .
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