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 . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
