NY State pension places $1.3bn in alternatives
The $194 billion New York State Common Retirement Fund made key allocations across private capital markets totaling $1.3 billion at the tail end of last year.
A total of seven private equity funds received commitments, while four emerging manager funds were selected and three real asset funds were tapped in addition to a single opportunistic absolute return strategy. The investments were detailed in a December report issued by the retirement fund.
The private equity strategies ranged from ESG oriented strategies, renewable energy infrastructure to early-stage technology ventures.
57 Stars received $150 . . .
Continue Reading
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.
