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 TPT’s TPG TTAD . . .
Continue Reading With Our Special Offer
Unlock this article instantly, along with the rest of our premium content and newsletters, with a 20% discount by using the coupon code VIDRIO2021.
Already a subscriber? Log in.