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.
Gianpiero Lenza, Sébastien Mazella di Bosco, Petter Johnsson and Vincenzo Narciso have left the GP
Trade sale comes five years after Silverfleet acquired the metal finishing business from Equistone
Firms including Coller Capital and Adams Street backed the oversubscribed GP-led deal
Sale ends a six-year holding period for the GP, which acquired the company from Kering via Investindustrial V