The $225 billion New York State Common Retirement Fund allocated $1.7 billion across private equity, real estate, opportunistic alternatives and real asset strategies.
These March investment commitments follow the approximately $5 billion in alternative investment mandates already awarded by the retirement system in 2020, as previously reported by Alternatives Watch.
Private equity saw the greatest amount of activity with three mandates being disclosed. The largest was to one of the pension’s existing managers Vista Equity Partners. A $500 million commitment was made to the firm’s Vista Credit Partners Fund III . . .
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