Pennsylvania pension adds $350m to private equity

The $66 billion Pennsylvania Public School Employees' Retirement System approved new private equity allocations formally earlier this month.
Hired were Insight Partners and Summit Partners, which each received allocations to funds that remain popular among pension funds.
Trustees approved a $200 million allocation to Insight Partners Fund XII, which is a holding at Teachers Retirement System of Texas ($150 million); Continue Reading Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available. Research articles require an Annual sub.