Pennsylvania Public School Employees' Retirement System related stories
All articles and analysis
PSERS pledges $350m in re-upsIn addition to commitments to Blue Point Capital Partners III and Catterton Partners VII, the $49.7bn retirement system also re-upped $200m to LLR Equity Partners IV.
- PSERS to expand secondaries
The $51bn pension is dedicating $100m for opportunistic secondaries and co-investments with existing managers.
- Washington State breaks $2bn on 2011 commitments
The $78bn retirement system allocated around $550m to two private equity funds, including forming a new relationship with emerging markets giant Actis.
- Incline Partners eyes $300m debut fund
The Pennsylvania-based firm, a recent spin-out of PNC Bank, will target equity investments between $10m and $30m for lower mid-market buyouts.
- PA Schools commit to Cinven
The Fifth Cinven Fund launched in March and is targeting less than its predecessor's €6.5bn fundraising in 2006.
- Cerberus receives big commitment on first senior debt fund
In addition to committing $200m to Cerberus’s mid-market senior debt fund, the Pennsylvania Public School Employees’ Retirement System committed almost $300m across three private equity funds.
- PSERS commits $720m to PE and RE
The $51bn pension plan has approved commitments of up to $220m to three private equity funds and up to $500m to two real estate funds.
- Baring Asia targets $1.75bn for Fund V
The pan-Asian private equity firm closed its prior fund on $1.52bn in May 2008.
- SPECIAL REPORT: The PERE 30
Over the past five years, the top 30 private equity real estate firms in the world have raised more than $211 billion -10 percent more than when PERE last counted capital raising efforts by the industry. Read on to discover the firms garnering the most. PERE Magazine May 2009.
- PSERS hikes PE to meet unfunded exposure
The $47bn pension has $6bn of unfunded commitments to private equity, and has increased its allocation to 21% from 18%.