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North Carolina approves $800m commitment

The US public pension has backed a co-investment fund.

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North Carolina State Treasury has approved an $800 million commitment to Landmark Equity Partners XVI Co-investment Fund.

The $98 billion US public pension has a 6 percent target allocation to private equity that currently stands at 5.1 percent.

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