NYSCRF approves over $700m in commitments

The US public pension has backed two venture and a buyout fund.

New York State Common Retirement Fund committed $350 million to TPG Growth IV, $10 million to JVP VIII and €300 million to EQT VIII.

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

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