Minnesota State approves over $1 billion in commitments

Minnesota State Board of Investment approved commitments of $150 million to Banc Fund X, $150 million to CVI Credit Value Fund IV, $150 million to Court Square Capital Partners IV, $200 million to Hellman & Friedman IX, $150 million to Lexington Capital Partners IX, €150 million to Bridgepoint Europe VI and $200 million to TPG vehicles including TPG Opportunities Partners IV.

The $93 billion US investment organisation allocates 4.9 percent of its portfolio to private equity investments.

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