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.
GP said the deal will facilitate further investment in the development of Nordic Capital
KKR, Index Ventures, Ares and Alven Capital have each sold 50% of their shares in the company
In his new role, Piacentini will support KKR's technology, media and telecoms investment activities
Transaction sees the management team retain a majority stake in consultancy Epsa