TLDR:
– At least five public pension funds have committed a total of $148m to Fund XI.
– Fund XI has nearly reached its fundraising target of $600m.
According to a recent article, a foundation has seen a strong demand for its 11th flagship fund. At least five public pension funds have committed a total of $148m to Fund XI, which is close to reaching its fundraising target of $600m. This demonstrates substantial interest and support for the foundation’s investment strategy. The foundation’s success in attracting investments from public pension funds highlights the confidence that institutional investors have in its track record and future prospects. This news underscores the continued growth and prominence of the foundation in the financial landscape.
