Outgoing New Jersey SIC Chairman Tom Byrne defends PE in final meeting

New Jersey State Investment Council, Tom Byrne, private equity, pension fund, Vista Equity Partners
Chairman Tom Byrne adjourns his final meeting with the New Jersey State Investment Council on May 23, 2018. Photo by Sam Sutton, Buyouts.
Tom Byrne used his final meeting as chairman of the New Jersey State Investment Council to defend the state pension fund’s investments in high-cost, high-returning private equity funds targeted by Gov. Phil Murphy during last year’s gubernatorial campaign. “I don’t think we can ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period

If you already have an active Buyouts subscription, please sign in to view this article.