Thursday, May 26, 2011
$75MM to PE by TN retirement system
Tennessee Consolidated Retirement Systems (TCRS) announced two more commitments to private-equity funds, and the mindsets of those to whom the money is to be entrusted are reflected on their websites, making interesting reading for entrepreneurs and investors, alike. Read about it here. Some in-state VCs, including some that are participating in TNInvestco-certified funds, have expressed interest over the years in TCRS making some commitments earmarked for instate funds.