Tallahassee approves $15m commitment

The US public pension has backed a North America-focused fund.

2 November 2016

City of Tallahassee Pension Fund has committed $15 million to Lexington Middle Market Investors IV, a secondaries market fund.

The $1.5 billion US public pension has a 5 percent target allocation to private equity.

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

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