Michigan commits heavily to venture capital in Q3

State of Michigan Retirement Systems, private equity, pension fund
  • Michigan backs Insight Venture Partners for $100 mln
  • Most of Q3 commitments were re-ups
  • Michigan to focus PE commitments on existing managers
State of Michigan Retirement Systems in the third quarter committed heavily to venture capital and technology-related investment funds, putting almost $250 million into four vehicles, an investment disclosure from the retirement system shows. The largest of the four commitments went ...

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