The City of Tampa General Employees Retirement has committed $20 million to two funds managed by TrueBridge Capital Partners, according to the May 16 board meeting.
$10 million was allocated to the venture capital fund, TrueBridge Capital Partners VIII. In addition, $10 million was also allocated to the venture capital fund of funds, TrueBridge Secondaries I.
As of May 9, 2023, the fund has a target allocation of 10% to private equity.
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