Previous New & Next Generation accounts’ IRRs less than 10 pct
Separate account will target firms raising Funds I-III
CalSTRS has 8.2 pct allocation to PE
California State Teachers’ Retirement System allocated $250 million to a separately managed account with Invesco Private Capital to direct commitments to new fund managers, spokesman Ricardo Duran told Buyouts in an email. The fund, New & Next Generation IV, will ...