Minnesota commits $550 mln to PE in February


Minnesota State Board of Investment, pension fund, private equity
  • Minnesota backs Silver Lake, Vestar flagship funds
  • Commits $150 mln to KKR's latest Asia fund
  • Minnesota PE portfolio returns 1.55x since inception
Minnesota State Board of Investment backed four private equity funds for a combined $550 million at its Feb. 23 meeting. The $59.9 billion retirement system allocated up to $150 million each to three buyout funds — managed by Kohlberg Kravis Roberts, ...

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