NYSCRF approves nearly $50m in commitments

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

New York State Common Retirement Fund committed $9.42 million to Kedaara Capital Fund II, through the Asia Alternatives IV Program, and $40 million to Vistria Fund II.

The $200 billion US public pension has a 10 percent target allocation to private equity that currently stands at 7.8 percent.

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