Comprehensive Annual Financial Report for the Fiscal Year Ended ... Jun 30 2001

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The June 30, 2001 venture capital invested balance totaled $31,049,359 for the Public Employees Retirement and $25,404,017 for the Teachers' Retirement Systems.
On August 17, 2001, the Board approved a $40 million commitment to invest in the Brinson Partnership Fund - US 2002 Subscription. The Board also approved a $40 million commitment to invest in the Adams Street V direct investment fund.
On May 18, 2001, the Board moved that $50 million be invested with Lexington Partners L.P. Fund V, a se
...condary venture capital market fund. As of June 30, 2001 , this investment had not been funded.
The Board committed to invest, on behalf of the retirement funds, in the S&P 500 Equity Index Fund A managed by Barclays Global Investors. As of June 30, 2001 , the pension funds had an invested balance of $255 million.
Upon receiving electorate approval, the Board began investing for the State Fund in January 2001 in the S&P 500 Equity Index Fund B managed by Barclays Global Investors. As of June 30, 2001, State Fund's invested balance totaled $24,000,000.


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