The New York State Teachers' Retirement System has committed up to $75 million to Lone Star Funds' Lone Star Fund VII. Lone Star Funds, which acquires distressed debt and equity assets, raised $7.5 billion for the fund's predecessor, its vintage 2008 Fund VI. NYSTRS' PE investments are valued at an aggregate $4.9 billion.
© 2020 PitchBook Data. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.