Institution: Pennsylvania Public School Employees’ Retirement System
Headquarters: Harrisburg, US
AUM: $55.10 billion
Allocation to alternatives: 35.90%
Pennsylvania Public School Employees’ Retirement System has confirmed $368.75 million-worth of private equity commitments to three vehicles, a contact at the pension informed Private Equity International.
The $55.10 billion US public pension has a 16.0 percent target allocation to private equity that currently stands at 12.90 percent.
As illustrated below, the pension fund’s recent commitments are to vehicles focused on the technology, consumer goods, manufacturing and retail sectors within the Asia-Pacific and North America regions.
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