The Indiana Public Employees Retirement System continued to add to its private market and absolute return portfolios with a series of five new fund mandates.
The $39 billion retirement system had a 23% net return for the fiscal year and boasts a 14% private market allocation and a combined alternatives allocation totaling more than 45% of overall assets across private markets, commodities, real assets and absolute return strategies.
TCG was selected for a $125 million allocation split between its main private equity fund TCG 3.0-A and TCG 3.0 Co-Invest. The fund . . .
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