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Pennsylvania Public School Employees assigns $950m to private markets

The $66 billion Pennsylvania Public School Employees’ Retirement System committed $950 million across a number of private equity and private markets strategies at its December 6 board meeting. Management firms winning mandates were Carlyle Aviation, Portfolio Advisors, Incline Management, Apax Partners, Insight Venture Management and Clearlake. All the mandates were for $150 million, with the …

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