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AP Fonden 3 approves five commitments

The Swedish public pension has backed secondaries, buyout and fund of funds vehicles.

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AP Fonden 3 has approved commitments to AlpInvest Co-Investment Fund VII, Impilo AB Investment Pool 1, Newbury Equity Partners IV, New Mountain Partners V and Vitruvian Investment Partnership III.

The SEK 345 billion Swedish public pension has a 5 percent allocation to private equity that currently stands at 3 percent.

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