Versa's Fund III Lands $150M Pledge From PPSERS

Versa Capital Management, a firm specializing in mid-market distressed buyouts, received a $150 million anchor commitment for its newest fund, Versa Capital Fund III LP, from the $50 billion Pennsylvania Public School Employees Retirement System. With the fund’s $750 million target, the commitment represents an unusually large 20 percent of the fund’s fundraising goal.

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