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 . . .
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