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Private Equity

Virginia putting $750M into 2 private equity funds

by trusted insight posted 4years ago 216 views
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.

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