MSBI approves over $1bn in commitments

The US public pension has backed buyout and venture capital funds.

Minnesota State Board of Investments approved commitments of up to $250 million each to Brookfield Capital Partners V, Warburg Pincus Global Growth and WCAS XIII, $150 million each to Paine Schwartz Food Chain V and Thoma Bravo Fund XIII and $100 million to Goldman Sachs’ China-U.S. Industrial Partnership.

The $93 billion US public pension has a 4.9 percent allocation to private equity.

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