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Aurora City approves $5m commitment

The US public pension has backed a fund of funds.

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Aurora City General Employees Retirement Board‘s trustees have approved a commitment of $5 million to HarbourVest Partners XI.

The $419 million US public pension has a 10 percent target allocation to private equity that currently stands at 10.9 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.