Michigan commits $100m to Singapore's Axiom Asia PE funds

Michigan commits $100m to Singapore's Axiom Asia PE funds

Axiom Asia's managing partners. From left to right: Edmond Ng, Chris Loh, Alex Sao Wei Lee and Marc Lau

The State of Michigan Retirement Systems has committed an investment of $100 million to Singapore-based Axiom Asia Private Equity, according to a disclosure by the US pension fund.

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