Sacramento County Employees' Retirement System (SCERS), the $9.2bn public pension scheme, has committed $40m to Paine Schwartz Food Chain Fund V.
Backers close a $18.6m round started in 2015 with an initial $10.6m capital injection
GP invests via its Nordic Capital Fund IX, which held a final close on €4.3bn in May 2018
Abalos Therapeutics is a biotechnology company focused on developing immuno-oncology therapeutics
Existing management team will lead the company's future growth and development