NYSTRS renews the agreement with TorreyCove

The US public pension's contract is effective as of May 2018.

New York State Teachers’ Retirement System has authorized the executive director and chief investment officer to renew the agreement with TorreyCove Capital Partners to serve as the system’s private equity consultant.

The $115.5 billion US public pension has an 8 percent target allocation to private equity that currently stands at 7.4 percent.

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