US pension fund commits $70m to Baring PE Asia's eighth buyout fund

US pension fund commits $70m to Baring PE Asia's eighth buyout fund

Hong Kong. Photo by RJ Joquico on Unsplash

The Maryland State Retirement and Pension System (MSRPS) has committed $70 million to Hong Kong-based Baring Private Equity Asia’s (BPEA) eighth buyout fund, according to the US pension fund’s recent investment committee meeting.