N.J. Council Hires Three for Private Equity

By Marc Sorondo

July 28, 2008

The New Jersey State Investment Council (NJSIC) added three new private equity investments to its portfolio this month, said Tom Bell, spokesman for the $77.7 billion plan. NJSIC awarded $100 million each to JPMorgan's Venture Capital Institutional Investors IV and Lehman Brothers' Secondary Opportunities Fund II, in addition to an investment of $200 million in Lindsay Goldberg's III Fund.

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