Minnesota adds $1.3bn to alts funds

The Minnesota State Board of Investment has continued to build out its diversified portfolio with $1.3 billion in fresh allocations in private equity and real estate investments.

The $116 billion in state pension and investment funds have maintained a $22 billion commitment to private market investments and as of the end of may tapped six new funds from existing managers.

In private equity, the managers and funds selected were: Blackstone’s BCP Asia II ($300 million); KKR’s MN Partnership ($150 million); TPG’s TPG Growth V ($150 million); and TPG’s TPG TTAD . . .

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.

Get started

Check Also
Close
Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!