PERF Adds To Its Portfolio

The $15.6 billion Indiana Public Employees’ Retirement Fund (PERF) recently added four new private equity investments to its portfolio. The Indianapolis-based plan committed $30 million to Oaktree Capital Management’s Asia Principal Opportunities Fund. A commitment of $75 million was approved to Cerberus Institutional Investors, Series 4, a global fund that will focus on purchasing and improving companies by providing capital and strong management. Energy Capital Partners I received a $50 million commitment from PERF for its fund that will invest in energy infrastructure with an emphasis in North America. Rounding out the new additions to the plan’s private equity manager list was a $50 million commitment to Hellman & Friedman Capital Partners VI.