The $268 billion New York State Common Retirement Fund allocated to private equity, real estate, credit and real asset funds as of late totaling more than $500 million.
A total of $200 million went to private equity partnerships. Officials committed $150 million to Warburg Pincus for its Warburg Pincus Financial Sector II fund, which focuses on growth-oriented companies across various sub-sectors within the financial services sector. The funding of capital calls will come from cash. A second allocation was made to another existing manager, Insight Venture Partners, which received a $50 million commitment to its . . .
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