Greenspring Secondaries Fund IV receives commitment from Metropolitan Employee Benefit System

The US public pension has backed a venture capital secondaries fund.

Institution: Metropolitan Government of Nashville and Davidson County Employees’ Benefit Trust Fund
Headquarters: Nashville, United States
AUM: $3.19bn
Allocation to alternatives: 31.34%
Bitesize: $10-50m

Metropolitan Government of Nashville and Davidson County Employees’ Benefit Trust Fund committed $17.20 million to Greenspring Secondaries Fund IV. The venture capital fund will invest in several regions including North America, Western Europe, Asia-Pacific and Latin America.

The US public pension currently allocates 31.34% to alternative assets. Mr. Fadi BouSamra is the Chief Investment Officer.

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