The New York State Common Retirement Fund and the Ohio Teachers Retirement System were both affected by the bankruptcy of FTX

2022-12-03 10:35:02
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ChainCatcher news, the New York State Common Retirement Fund and the State Teachers Retirement System of Ohio disclosed investments in FTX through the private equity and venture capital firm Thoma Bravo. A spokesperson for the New York State Common Retirement Fund confirmed that the fund did incur losses, but the amount is "very small." The State Teachers Retirement System of Ohio has not yet responded to requests for comments on the specific amount of losses, and Thoma Bravo also declined to comment on the matter.

Previously, the Missouri State Employees Retirement System announced a write-down of $1.2 million on its FTX investment, which was made through a BlackRock mutual fund of up to $125 million. (buyoutsinsider)

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