Rhode Island pencils in $265 mln of commitments per year through 2022

Rhode Island State Investment Commission, private equity, pension fund
The Rhode Island statehouse is seen from the highway in Providence, Rhode Island November 17, 2009. Photo courtesy Reuters/Brian Snyder - RTXQV4L
  • Rhode Island underallocated to PE
  • Plan would roughly double allocation over five years
  • Portfolio includes exposure to Advent, Bain funds
Rhode Island State Investment Commission plans to commit around $265 million annually to private equity over each of the next five years, an investment plan prepared by its consultant, Cliffwater, shows. The $8.17 billion state pension plan has 5.8 percent ...

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.

Digital Edition

To read a digital copy of our latest magazine

click here

PE News Briefs