NJ lifts PE target, commits to Warburg Asia fund


New Jersey, N.J., NJ, map, Atlantic City, shutterstock_206161717
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New Jersey’s state pension system increased its PE allocation target to 12 percent and committed to a Warburg Pincus fund. New Jersey State Investment Council, which manages $76.5 billion in pension assets, approved the asset-allocation change at its May 29 ...

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