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

Providence Equity, private equity
The Rhode Island statehouse is seen from the highway in Providence, Rhode Island November 17, 2009. Photo courtesy Reuters/Brian Snyder - RTXQV4L
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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