Institution: New Jersey Division of Investment
Headquarters: Trenton, United States
AUM: $74.05 billion
Allocation to alternatives: 27.8%
New Jersey Division of Investment has agreed to commit up to $600 million across three separately managed accounts, a contact at the pension informed Private Equity International.
As illustrated below, the pension allocates 11.91 percent of its full investment portfolio to private equity. Its recent private equity commitments have focused on investments in North America and Asia-Pacific.
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