Monday, 26 September 2016
Last updated 27 min ago
Sep 21 2007 | 11:37am ET
The $16 billion Indiana Public Employees Retirement Fund recently committed a total of $75 million to four U.S. and European private equity funds.
The system made a $30 million commitment to Vista Equity Partners III, which has a target of $1.1 billion for a fund to invest in software and technology companies, and a $30 million pledge to Avenue Special Situations Fund V, which has a target of $4 billion for a fund to invest primarily in U.S. debt and equity of distressed companies.
Also, the system is committing up to €25 million (US$34.9 million) to Lion Capital Fund II, a €1.5 billion for a fund that invests in mid-size and large companies in Western Europe, and up to US$15 million to Arch Venture Fund VII.