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NJDOI commits $150m

The New Jersey State Investment Council (NJDOI) committed up to $150 million to Sycamore Partners’ $4.5 billion Fund III.

The fund focuses on North American mid-market, and targets under-performing in the consumer and retail sectors. The fund manager may also commit a minimum of $100 million to the Fund III.

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