Thursday, 23 February 2017
Last updated 56 min ago
Dec 22 2005 | 10:40pm 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.