At its meeting today, the board of trustees of the $39 billion Pennsylvania State Employees’ Retirement System (PennSERS) approved two new commitments -- one to private equity and one to real estate -- totaling $200 million and voted to indefinitely postpone a decision on its investment committee’s recommendation of up to a $125 million commitment to one other private equity funds.
The board approved a commitment of up to $100 million to Veritas Capital Fund VIII and an investment of up to $25 million in a Veritas Capital Sidecar Co-Investment Vehicle. The funds will invest in . . .
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