New York pension fund commits $505m to Asian PE, opportunistic funds

New York pension fund commits $505m to Asian PE, opportunistic funds

New York city skyline. Photo: Todd Quackenbush/Unsplash

New York State Common Retirement Fund (NYSCRF), the third-largest public pension plan in the US, committed a total of $505 million to Asia-focused private equity and opportunistic funds in November, according to its latest investment report.