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Byline: Kelly Holman
ABS Capital Partners, the Baltimore-based private equity firm, announced June 27 that it had raised $450 million for its fourth private equity fund.
Existing investors from the buyout firm's earlier funds -- including the California Public Employees' Retirement System (CalPERS), the Pennsylvania State Employees Retirement System, San Francisco City and County Employees Retirement System and the Wellcome Trust -- reinvested in the firm's latest investment vehicle, ABS Capital Partners Fund IV LP.
New investors that committed capital to ABS Capital's fund included the Illinois State Board of Investment, Ohio Bureau of Workers' …