NYSCRF approves $515m in commitments

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

New York State Common Retirement Fund has approved commitments of $500 million to Oaktree Opportunities Fund Xb and $15 million to Polaris Private Equity Fund IV.

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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