US - The US$63.5bn Minnesota State Board of Investment (MSBI) may be forced to allocate funds to venture capital under plans unveiled this week by a local member of the House of Representatives.
According to the 2007 annual report, the MSBI invests 11.5% of its total portfolio in alternative assets, of which the $2.63bn allocation to private equity makes up just over half (55%). If pass...
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