TRSIL backs Columbia Capital growth-stage tech fund with $60m

Virginia-based Columbia's eighth flagship fund targets growth-stage technology companies across North America and Western Europe.

Institution: Teachers’ Retirement System of the State of Illinois
Headquarters: Springfield, US
AUM: $63.63 billion
Allocations to Private Equity: 15.9%

Teachers’ Retirement System of the State of Illinois has confirmed a commitment of $60 million to Columbia Capital Equity Partners VIII, a contact at the pension fund confirmed to Private Equity International.

Founded in 1989, Columbia Capital is a Virginia-based investment firm targeting growth-stage technology companies across North America and Western Europe.

As shown below, TRSIL’s recent fund commitments have predominantly focused on venture capital vehicles investing in the North American region.

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