New York pension fund NYSCRF commits $38m to Asian PE funds

New York pension fund NYSCRF commits $38m to Asian PE 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 $38 million to Asia-focused private equity (PE) funds in December, according to its latest investment report.