FUNDRAISING NEWS | May 23, 2023
The Massachusetts Pension Reserves Investment Management (PRIM) Board has disclosed new commitments, as shown in a quarterly update report.
Four commitments were made to private equity funds. Up to $250 million was committed to the buyout fund, CVC Capital Partners IX, managed by CVC Capital Partners. Up to $150 million was committed to the growth equity fund, PSG VI. Up to $150 million was also committed to the buyout fund, American Industrial Capital Fund VIII. Lastly, up to $75 million was committed to the buyout fund, KPS Special Situations Mid-Cap Fund II, managed by KPS Capital Partners.
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John Washington is the Data Research Analyst at Dakota.
