New York Pension Invests $170 Million In Private Equity, Hedge Funds

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.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note