PennPSERS seeks private markets service providers

The Pennsylvania pension fund wants help with its investment needs.

Pennsylvania Public School Employees' Retirement System is soliciting proposals to obtain the service of a contractor to provide non-discretionary private markets investment consulting and/or performance measurement services.

The $50 billion US public pension has a current private equity allocation of 16.25 percent against a 15 percent target allocation.

Platinum subscribers may click here for PennPSERS’ full profile, including key contacts, allocation strategy and fund investments.