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New York State Teachers chalks up $907 million in private market commitments

New York State Teachers chalks up $907 million in private market commitments New York State Teachers chalks up $907 million in private market commitments Print The New York State Teachers Retirement System, Albany, made four private equity commitments and two private debt commitments for up to $907 million, according a report prepared for the system s governing board, whose quarterly meeting is Thursday. The commitments were made during the first quarter. Each was approved by Thomas Lee, executive director and CIO, without a full board vote. The $134.8 billion pension system s rules allow the CIO to take action without a vote under certain circumstances. The commitments were:

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