Summary: The New York State Common Retirement Fund, the $267.7 billion pension fund, made 15 commitments totaling $4.6 billion to alternative investments, according to a notice posted on their website. The pension fund made four credit commitments for a total of $1.2 billion, which included an allocation to the OCU Empire Fund (Growth Capital), managed by ORIX Advisers, a subsidiary of ORIX USA, for $300 million. This is a fund-of-one managed on behalf of the New York pension fund by ORIX USA, a new relationship. Read the full details of commitments that closed in September in Pensions & Investments’ recent article.