Indiana Ramps Up $150M In-State PE Program
Under pressure to boost economic activity at home, state pension plans have increasingly been drawing up plans for in-state private equity programs to make sure that pension capital is invested in the local economy. The latest state pension to make plans for such a program is the $26 billion Indiana Public Retirement System, which announced that it was planning to launch a $150 million separate account to invest in in-state private equity funds as well as investing directly in Indiana companies.
3 October 2012•1 min read
