Dec. 8 (Bloomberg) -- Blackstone Group LP, the world’s largest private-equity firm, may receive as much as $1.8 billion in commitments from the New Jersey Division of Investment.
The state pension system proposes investing $1.5 billion in four separate accounts to be managed by Blackstone and $300 million in three traditional funds, according to documents prepared for a public meeting today.
--Editors: Josh Friedman, Christian Baumgaertel
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