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Posted on: June 24, 2015, 2:48 p.m.
Virginia Retirement System, Richmond, allocated $750 million to private equity in May, spokeswoman Jeanne Chenault said to Pensions & Investments.Officials at the $68 billion pension fund committed $500 million to the Carlyle Group Cavalier Fund and $250 million to buyout fund Charterhouse Capital Partners X.The moves were announced at the June 19 board meeting. Full investment news article