The Virginia Retirement System (VRS) has committed $100 million to Silver Hill Energy Partners V, a closed-end strategy focused on the acquisition, development and operation of oil and gas assets in the United States. Silver Hill Energy Partners closed the fund in July with $1.277 billion in capital commitments.
Silver Hill V was oversubscribed at closing, with commitments coming from a group of institutional investors, including endowments, pension funds, medical and family foundations, and family offices — the majority of which were repeat investors.
VRS, a public pension fund, had $134 billion in total assets under management, as of June 5.
