Institution: New Jersey Division of Investment
Headquarters: Trenton, US
AUM: $84.64 billion
Allocation to alternatives: 25.96%
The New Jersey Division of Investment agreed to commit up to $260 million across two private equity vehicles at its May 2021 investment council meeting, a contact at the pension confirmed to Private Equity International.
As illustrated below, the pension allocates 11.42 percent of its full investment portfolio to private equity. Its recent private equity commitments have focused on investments primarily in North America.
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