Sidley & Austin, Chicago, committed an additional $3 million to its ``alternative equity'' allocation, which makes up about 23% of its $79 million defined benefit plan.
Officials allocated $1 million to the Spinnaker Offshore Founders Cayman Fund, a small-cap technology hedge fund, and $2 million to the Welsh, Carson Anderson & Stowe VIII Fund, an equity buyout fund. Funding for the new allocations came from cash flow.
