Extra Indiana investment

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US - Indiana Public Employees' Retirement Fund (PERF) has boosted its local business investment credentials by reporting a $78m investment in the Indiana Investment Fund (IIF) since June 2006.

In the annual report, fund manager Crédit Suisse said its own $5m, and the $150m commitment by PERF from the inception phase and additional sidecar ‘A’ fund, was intended for direct and indirect wi...

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