Monday, 26 January 2015
Last updated 14 min ago
Apr 8 2013 | 9:53am ET
The New York State Common Retirement Fund has added to its stakes in two alternative investment funds.
The $152.9 billion public pension fund committed $100 million to Palladium Equity Partners' fourth fund, a low- and mid-market buyout fund, Pensions & Investments reports. The investment follows an earlier $70 million commitment to the firm.
The CRF also added $70 million to Discovery Capital Management's Global Opportunity Partners. The fund previously invested $113.5 million in the fund.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…