TCRS commits $50MM to LA private-equity fund

Tennessee Consolidate Retirement System today announced it has committed $50MM to Oaktree PPIP Private Fund, bringing total private-equity allocations to $225MM, under the State's year-old alternative investments initiative. The VNC story is here.

Tennessee alternative investments

We checked this week, and there's still no hire to report for director of private-equity or alternative investments at Tennessee Consolidated Retirement System, within the Treasurer's office, which will now be occupied by David Lillard, who succeeds Dale Sims, following the General Assembly's constitutionally mandated vote.