South Dakota Investment Council commits $175 million
By Rob Kozlowski | September 18, 2012 3:23 pm
South Dakota Investment Council, Pierre, committed $100 million to Cinven Fund V and $75 million to Riverstone Global Energy & Power Fund V, confirmed Matthew Clark, state investment officer for the $9.9 billion pension and trust fund.
The investment council has committed money to these managers before, Mr. Clark wrote in an e-mail, but he did not elaborate.
The council manages the investments of the $7.8 billion South Dakota Retirement System, Sioux Falls, along with other state funds.