Tennessee Consolidated Retirement commits $190 million to 4 funds
By Kevin Olsen | July 16, 2012 3:48 pm
Tennessee Consolidated Retirement System, Nashville, committed a total of $190 million to four alternatives funds, confirmed Blake Fontenay, spokesman for David H. Lillard Jr., state treasurer.
The $33 billion pension fund committed $100 million to Advent International GPE VII, a midmarket buyout fund, $50 million to Oaktree Opportunities Fund IX, a distressed debt fund, and $20 million each to venture capital funds Khosla Ventures Seed B and Institutional Venture Partners XIV.
Cambridge Associates assisted.