NY CRF plants $15m seed for in-state companies

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US - The New York State Common Retirement Fund (CRF) will invest $15m in early-stage companies through its new High Peaks Seed Venture Fund.

The allocation marks CRF's maiden investment in its Appleseed Initiative, a programme meant to target early-stage and seed private equity investments. "New York state is rich with top-notch univ...

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