Michigan bets heavily on megafunds in Q2

State of Michigan Retirement Systems, private equity, pension funds
Chinese Premier Li Keqiang (R) speaks with Michigan Governor Rick Snyder during a meeting at the Zhongnanhai Leadership Compound in Beijing, China August 1, 2017. REUTERS/Wu Hong/Pool - RC1591A6F350
  • Michigan backs Apollo, CVC, Silver Lake flagship funds
  • Michigan said to concentrate on re-ups, mid-market funds
  • PE program valued at $9.6 bln
Despite a recent push to bulk up its holdings in middle-market buyout funds, State of Michigan Retirement Systems allocated the vast majority of its second-quarter commitments to large buyouts. Michigan, which disclosed its commitments in materials for its Sept. 7 ...

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