Michigan pension system aims to lift PE exposure in ’19

State of Michigan Investment Board, pension fund, private equity, venture capital
Harbor view of Mackinac Island, Michigan, from Lake Huron. Michael Deemer/iStock/Getty Images
State of Michigan Investment Board at its December meeting reported $435 million in third-quarter PE commitments, aiming to increase its exposure to the asset class in 2019. The board, which manages $73.1 billion in assets in four state retirement plans, ...

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