NYS Common commits $650 mln to Blackstone and Freeman Spogli

NYS Common Retirement, private equity, new york, new york state, oak tree
Jennifer Hoffman of Buffalo, New York, poses for a picture under the Angel Oak tree in Charleston, South Carolina September 24, 2013. Massive canopy shades stretching more than 17,000 square feet and a trunk wider than 25 feet in circumference have drawn generations of visitors to the centuries-old live oak tree on an island near historic Charleston. A group aiming to preserve the majestic tree for decades to come is racing against a fall deadline to raise the $1.2 million needed to protect surrounding land from development that environmentalists say would harm the oak's health. REUTERS/Randall Hill (UNITED STATES - Tags: ENVIRONMENT POLITICS) - RTR3FG0Z
New York State Common Retirement Fund at its March meeting committed $650 million to private equity funds focused in North American, European and Asian markets. The board pledged $150 million to FS Equity Partners VIII, a middle-market consumer and distribution ...

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