comparemela.com

Latest Breaking News On - ரோட் தீவு நிலை முதலீடு தரகு - Page 1 : comparemela.com

Rhode Island commits $25 million to buyout fund

Rhode Island commits $25 million to buyout fund Rhode Island commits $25 million to buyout fund TCG Crossover Fund I for the $9.5 billion Rhode Island Employees’ Retirement System. The commission approved the commitment to the life sciences private equity fund at its March 24 meeting, said Rosie Hilmer, spokeswoman for state Treasurer Seth Magaziner, who oversees the commission. As of Jan. 31, the pension fund’s actual allocation to private equity was 8.6%. Related Articles

Rhode Island tweaks, consolidates asset classes

Rhode Island tweaks, consolidates asset classes The Providence skyline and Rhode Island Capitol The $9.6 billion Rhode Island Employees Retirement System, Providence, plans to consolidate private equity and opportunistic private credit investments, according to a memo from a March 24 meeting of the Rhode Island State Investment Commission. The memo on staff recommendations for strategic asset allocation said that making the change would allow for deploying capital periodically as market conditions or manager availability permit, rather than through a consistent annual pacing plan. The current targets for private equity and opportunistic private credit are 11.25% and 1.5%, falling under the category of private growth. The new combined target is 12.5%.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.