Asia Alternatives to make anchor bets on new managers

Minnesota State Board of Investment, Asia Alternatives, private equity, pension fund
  • Minnesota commits $100 mln to new fund
  • Fund V charging LPs a 1 pct management fee
  • Asia Alts’ 2012 fund netting 15 pct IRR
Asia Alternatives returned to market with a new flagship fund-of-funds targeting $1.3 billion, part of which will be used to back new managers, Minnesota State Board of Investment documents show. The fund, which received a $100 million commitment from Minnesota ...
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