Tallahassee sets $15 million for private equity secondary fund

Tallahassee (Fla.) Pension Plan committed $15 million to Lexington Middle Market Investors IV, a private equity secondary market fund managed by Lexington Partners, said Kent Olson, the city's deputy treasurer-clerk.

The $1.4 billion pension fund previously committed $15 million to private equity secondary market fund Lexington Capital Partners VIII in 2014.

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