LP Tearsheet

Virginia Retirement approves $285m in commitments

The US public pension has backed two North America-focused funds.

By
Karina Zinkiewicz
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Virginia Retirement System has approved a $200 million commitment to GTCR Fund XII and $85 million to Spectrum Equity Investors VIII.

The $74 billion US public pension has a 12 percent target allocation to private equity that currently stands at 8.7 percent.

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