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Illinois' pension fund returns as LP for India VC fund

By Joseph Rai

  • 01 Jun 2020
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Illinois' pension fund returns as LP for India VC fund
Credit: VCCircle

Illinois Municipal Retirement Fund (IMRF) has committed to invest up to $25 million (Rs 187 crore) in a US-based venture capital firm’s third India-dedicated investment vehicle. The US-based pension fund said in a statement it will invest in Lightspeed India Partners III, LLC, the India-focused fund of Lightspeed Venture Partners. However, ......

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