NYSCRF approves $375m in commitments

The US public pension has backed two buyout funds.

New York State Common Retirement Fund made two private equity fund commitments in December 2017: $350 million was given to Affinity Asia Pacific Fund V and $25 million to LightBay Investment Partners.

The $201 billion US public pension has a 10 percent target allocation to private equity that currently stands at 7.8 percent.

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