NYSTRS approves over $200m in commitments

The US public pension has backed two corporate debt funds.

New York State Teachers’ Retirement System has approved two private debt fund commitments of $100 million to ICG North American Private Debt Fund II and €100 million to ICG Europe Fund VII.

The $115.5 billion US public pension has a 1 percent target allocation to private debt that currently stands at 4.5 percent.

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