NYSCRF approves $325m in commitments

The US public pension has backed North America- and Asia-Pacific-focused funds.

In March, New York State Common Retirement Fund committed $275 million to KKR Asian Fund III, $30 million to One Rock Capital Partners II and $20 million to Luminate Capital Partners.

The $185 billion US public pension has a 10 percent target allocation to private equity that stands currently at 7.8 percent.

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