New York State Common Retirement Fund, Albany, invested $2 million in DynaBil Industries Inc., a Coxsackie, N.Y., company that makes precision sheet metal components for the aerospace industry, confirmed John Chartier, spokesman for New York state Comptroller Alan G. Hevesi.
The investment, through DeltaPoint Capital III and HSBC Capital (USA), is part of the $130 billion fund's program to commit private equity capital to companies in New York. The fund has committed a total of $409 million to this program.
