New York Commits to Private Equity, Hedge Funds

Jun 25 2008 | 10:31am ET

The $154.5 billion New York State Common Retirement Fund last month made commitments to a trio of hedge fund and private equity managers.

The CRF committed €150 million (US$233 million) to CVC European Equity Fund V and $50 million to Levine Leichtman Capital Partners IV, a $4 billion middle-market, woman-owned private equity shop.

The fund last month also made a $1 million commitment to Clarium Capital, a global macro hedge fund, through one of its funds of hedge funds, which was not disclosed for competitive reasons.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...