US pension fund NYSCRF commits $405m to B Capital, and Israel’s S Capital

The New York State Common Retirement Fund (NYSCRF) has committed a total of $405 million to funds managed by the Singapore- and US-based venture capital firm B Capital Group and Israeli venture investor S Capital.

In its May transaction report, NYSCRF disclosed that it committed $350 million to B Capital Group Global Growth III and $50 million to B Capital Group Ascent Fund II.

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