NYSCRF approves $60m in commitments

The US public pension has backed four vehicles.

New York State Common Retirement Fund committed $20 million each to Tribeca Growth Fund and NexPhase Capital Fund III and $10 million each to NFX Capital Fund I and Tene Growth IV.

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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