Teachers' Retirement System of the State of Illinois (TRS) has approved a commitment of €60m to Astorg Asset Management, according to documents from the $51.1bn pension fund's latest board of trustees meeting.
De Scorbiac was responsible for the Accenture Venture fund's activities in Europe
GP sells the Dutch employment agency to its CEO, ending its three-years ownership
Financing for the acquisition was provided by Santander Corporate and Commercial Banking
Sussex Place Ventures, Contour Ventures, Partnership Fund and Outrun Ventures also take part