NYSCRF approves $40m in additional commitment

The US public pension has backed a Europe-focused fund.

New York State Common Retirement Fund has made an additional commitment of $40 million to 57 Stars/NYSCRF Emerging Europe Fund, bringing its total commitment to $155 million.

The $197 million US public pension has a 10 percent target allocation to private equity that currently stands at 7.7 percent.

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