TRF adds to PERF Indiana fund

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US - The Indiana Teachers' Retirement Fund (TRF) has committed US$50m to a "sidecar" fund to the $105m Indiana Investment Fund 1 (IIF), which was launched in June last year.

The $16.3bn Indiana Public Employees’ Retirement Fund (PERF) launched the private equity fund last year to “focus investment resources on quality Indiana businesses”. It allocated $100m to the fund...

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