Pennsylvania Public School Employees' Retirement System related stories
All articles and analysis
PSERS commits $400m to private equityThe Public School Employees' Retirement System of Pennsylvania has committed up to $200m each to Apollo Global Management and Summit Partners.
- Trilantic tops $2bn target
The first independent fund raised by the former Lehman Brothers Merchant Banking division's US arm is edging closer to its $2.25bn hard-cap.
- Pennsylvania Schools adds three relationships
The Pennsylvania Public School Employees’ Retirement System solidified new relationships with Morgan Stanley, Triton Partners and HgCapital at its meeting last week.
- Actis collects at least $745.5m for fourth fund
The emerging markets specialist is targeting $3.5bn for its Actis Global 4, which will invest in mid-market deals in Asia, Latin America and Africa.
- Tennessee takes on separately managed accounts
Beachpoint Capital Management and Brigade Capital Management will manage $500m each in separately managed accounts dedicated to strategic lending, according to the retirement system.
- Pennsylvania Schools re-ups $200m to Bain, New Mountain
In his recommendation, Public School Employees’ Retirement System of Pennsylvania’s private markets chief Charles Spiller called Bain’s operational capabilities a ‘competitive advantage’ over the firm’s peers.
- Cinven hits €5bn target
Managing partner Hugh Langmuir says the firm benefited from manager consolidation as many existing LPs increased their commitments.
- Triton closes Fund IV on €3.3bn
The firm will kick in a 3% GP commitment to the fund, which beat its original target and hard-cap.
- Tennessee commits $50m to co-invest
The state’s consolidated retirement system contributed to Denham Capital's $750m oil and gas co-investment fund.
- PSERS re-ups $20m to Eureka Growth Capital
Eureka Growth Capital has collected about $83m for its third buyout fund, which is targeting $150m for lower mid-market technology investments in the US.