Virginia Retirement System, Richmond, will make $350 million in additional alternative investments. The $39.5 billion system will place $50 million in U.S. Venture Partners VIII; $75 million in Atlas Ventures VI; $50 million in Austin Ventures VIII; $100 million in Summit Ventures VI; and $75 million in Madison Dearborn Capital Partners IV. Funding will come from cash.
Trustees also authorized interest rate and other swaps with authorized counterparties.