Adams Street scores $60 mln from North Dakota for new fund-of-funds

North Dakota State Investment Board, private equity, pension fund
A cow grazes in the badlands near Grassy Butte, North Dakota, U.S. August 16, 2017. Picture taken August 16, 2017. REUTERS/Andrew Cullen - RC1D5D75D220
  • New Adams Street fund targets returns of 13 pct-plus
  • Growth-oriented firms like Accel-KKR, Altamont highlighted
  • North Dakota held 3.2 pct of assets in PE
North Dakota’s State Investment Board re-upped for as much as $60 million to Adams Street Partners new global fund-of-funds, Executive Director and CIO Dave Hunter told Buyouts. The board, which oversees the state’s pension and investment assets, approved the commitment ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.

Digital Edition

To read a digital copy of our latest magazine

click here

PE News Briefs