At its meeting on June 2, the South Carolina Investment Commission (RSIC) approved the engagement of Verus Investments as its new general consultant. RISC’s contract with its incumbent consultant Meketa was ending, so RSIC conducted an RFP for a new general consultant, according to a spokesperson for the Commission.
Separately, according to RISC meeting minutes, during the late April - June 1 period, the, approximately $40 billion public retirement fund approved commitments totaling approximately $380 million to alternative investment classes. It approved $228.6 million to private equity, which comprised up to €50 million ($53.61 . . .
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