The New Jersey State Investment Council, which oversees the investment for the $78 billion state retirement fund portfolio, discussed three alternative investment recommendations in private equity and real estate asset classes.
Within private equity, a total of $200 million was slated for investment with another $100 million being set aside for real estate.
Trustees last month were set to approve an investment of up to $100 million in Vista Foundation Fund IV, a buyout fund that is managed by Austin-based firm Vista, which has nearly $60 billion in assets under management. The investment strategy . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.