Friday, 26 August 2016
Last updated 16 hours ago
Mar 23 2007 | 11:50am ET
Hot on the heels of launching a “sidecar” private equity fund, the Indiana Public Employees’ Retirement Fund has made four p.e. commitments totaling $108.5 million.
These include a $20 million commitment to Technology Partners Fund VIII, which provides venture capital to cleantech and life sciences companies. An $8.5 million follow-on commitment was also made to Horsley Bridge Growth VIII, which follows a $45 million investment in Horsley Bridge International Fund IV closed in January 2007.
The system also committed $50 million to Lehman Brothers Fund XVIII, which invests in other funds that provide venture capital for start-up companies as well as well-established firms. Lastly, a $30 million commitment was made to Oaktree Capital Management Opportunities Fund VII.