Minnesota Invests $100 Million In Three Funds

Dec 22 2005 | 11:40pm ET

The $45.2 billion Minnesota State Board of Investment allocated $100 million each to three managers at its board meeting earlier this month.

The plan invested $100 million in a distressed debt fund managed by Wayzata Investment Partners, $100 million in a secondary interest fund run by Lexington Capital and $100 million in a leveraged-buyout fund handled by Welsh, Carson, Anderson & Stowe, said Howard Bicker, executive director of the plan.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain Capital: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of