General Motors debuts the new 2019 GMC Sierra Denali pickup truck at the Russell Industrial Center in Detroit, Michigan, U.S., March 1, 2018. REUTERS/Rebecca Cook - RC13E94B4B50
New commitments: Charlesbank, Sycamore funds
Continues focus on mid-market re-ups, co-invests
$70 bln system backs Carlyle’s new large-cap fund
State of Michigan Retirement Systems plans to continue focusing on re-ups with middle-market funds, a strategy update in its most recent investment report shows. “The private equity division has also tilted slightly toward the middle market in an attempt to ...