N.Y. pension buying Vista stake tied to late billionaire Brockman

New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter.

The pension fund for New York state workers is buying part of the $1.46 billion portfolio held by Point Investments…
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