The $216 billion New York State Common Retirement Fund allocated across a spectrum of alternative investments to the tune of $862 million.
The main winner was real assets, which added $300 million in new allocations recently. Grain Communications’ new fund Grain Spectrum Holdings III LP won a $200 million commitment from the pension system. The new fund is being set up to participate in the C-Band spectrum auction that will take place soon. The firm also won $100 million commitment from the Continue Reading Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.
