US pension commits $130m to latest APAC funds by KKR, Hillhouse Capital
Photo by Pepi Stojanovski on Unsplash
US pension fund South Carolina Retirement System Investment Commission (RSIC) has committed a total of $130 million to two APAC-focused managers.
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The commitment was part of the $514m investments that Border to Coast made in five new PE funds.
Asia comprises 30 per cent of KKR’s total PE portfolio.
