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NJDOI approves $300m commitment

The US public pension has backed a North America-focused fund.

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New Jersey Division of Investment has approved a commitment of up to $300 million to Vista Equity Partners Fund VII.

The $78 billion US public pension has an 8.25 percent target allocation to private equity that currently stands at 0.9 percent.

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