South Carolina looks for fee savings in co-investments, secondaries

South Carolina Retirement System Investment Commission. private equity, Providence Equity, GCM Grosvenor, co-investment, secondaries
The main street of Columbia, South Carolina, on Feb. 12,, 2014. Reuters/Mary Ann Chastain
South Carolina Retirement System Investment Commission plans to reduce its private equity fees by committing more to co-investments and secondaries. The system said a new co-investment platform will help move the needle on fees. CIO Geoffrey Berg said at the commission’s ...

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