Florida State Board of Administration, the $160bn pension fund, generated 17.30% from its investments in private equity, beating its 14.11% benchmark, for the financial year to June 30.
CIC is also fundraising for CIC Mezzanine & Unitranche 5, which launched in September and held a first closing on €150m
Round is one of the largest venture capital deals in Germany this year
Berthoux and Desmottes join as operating partners, while Philips becomes a strategic partner
Vitrulan has acquired the business for its broader product range and to expand internationally