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Fairfax County Educational Employees’ Commits $4.4M to Foundation Capital

Written by: Koncheng Moua, Director of Data Management and Strategy

Fairfax County Educational Employees’ Supplementary Retirement System has disclosed a commitment of $4.4 million between two Foundation Capital private equity funds.

$2.9 million was committed to the venture capital fund Foundation Capital XI. $1.5 million was also committed to the Foundation Capital Leadership Fund IV.

Meketa assisted with due diligence.

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Tags: Pension Funds, Alternative Insights, Private Equity

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