North Carolina gets back into PE investing with Landmark commitments


North Carolina, private equity, pension fund
Drivers Mike Skinner (84) and Ken Schrader (96) crash in turn two during the Bank of America 500 NASCAR race at Lowe's Motor Speedway in Concord, North Carolina, on October 11, 2008. REUTERS/Chris Keane (UNITED STATES) - RTX9GHO
North Carolina’s Department of the State Treasurer inked its first private equity commitment under Dale Folwell, whose 2016 election campaign attacked the steep investment fees the state’s pension funds pay to alternative-asset managers. At a May 17 Investment Advisory Committee ...

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