Pennsylvania State Employees’ Retirement System

The Pennsylvania State Employees’ Retirement System (PennSERS) in Harrisburg approved two new private equity commitments and tapped a new consultant at its monthly board meeting.

The world’s largest investors remained active with over $18 billion in commitments to alternative investment strategies in March, according to AW Research.

The board of trustees of the $33.7 billion Pennsylvania State Employees’ Retirement System at its February meeting made a $75 million commitment to private equity.

Institutional investors pondering the challenges awaiting them in the quarters to come have slowed their alternative investment allocations, especially compared to activity logged at the end of 2021.

The Pennsylvania State Employees’ Retirement System (PennSERS) committed to an additional private equity fund as the asset class reported negative performance of nearly 6% in the third quarter.

The board of the $38 billion Pennsylvania State Employees’ Retirement System (PennSERS) approved allocations totaling up to $225 million to new private equity and real estate investments at its Sept. 22 meeting. The board also agreed that it would launch ...

Francisco Partners has raised nearly $17 billion in capital commitments across two oversubscribed funds. The assets were split between the $45 billion firm’s flagship fund Francisco Partners VII ($13.5 billion) and the Francisco Partners Agility III ($3.3 billion).  Officials added ...

Public pension plans from Maine to California continued to add private equity, credit, real estate and hedge fund mandates over the past month, according to the June 2022 Investor Scorecard compiled by AW Research.

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 ...

Clearlake Capital Group attracted $14.1 billion for its seventh flagship private equity fund, far exceeding its initial target of $10 billion. With 300 institutional investors representing six continents and over 40 countries, Fund VII received strong support from existing longtime ...