NYS Common secures large re-up with CVC

New York State Common, CVC Capital Partners, private equity, pension fund
A statue of a girl facing the Wall St. Bull is seen, as part of a campaign by U.S. fund manager State Street to push companies to put women on their boards, in the financial district in New York, U.S., March 7, 2017. REUTERS/Brendan McDermid
  • $394 mln commitment to Fund VII is NY’s largest with CVC
  • Firm manages more than $1 bln of NYS retirement assets
  • CVC VII held final close on $18 bln in June
New York State Common Retirement Fund re-upped with CVC Capital Partners in May, allocating 350 million euros to the firm’s seventh flagship buyout fund, a disclosure from the pension system shows. New York’s commitment, which equated to roughly $394 million at ...

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