The Nashville-based pension fund is taking advantage of recent changes
in Tennessee law to begin investing up to 3% of its $32 billion in
assets into venture capital, corporate buyouts, mezzanine and
distressed debt, special situations, and secondary funds,
according to Venture Nashville.
It will likely be a while before Tennessee Consolidated becomes a full-fledged member of the limited partner community, as it is only now
hiring staff to manage the investments and has yet to develop an
overall policy for alternative asset allocations. -
George White
See Venture Nashville story
See Dealscape posts on PE fundraising
