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


Rhode Island State Investment Commission, private equity, pension fund
  • 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 ...

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