PA SERS commits up to $250 mln to Audax, Hellman & Friedman and TCV


Pennsylvania PSERS
Photo of Pennsylvania road sign courtesy of ©iStock/Andy Dean
  • Assets under management: $28.8 bln
  • PE target: 16 pct
  • Actual PE commitment: $3.9 bln, or 13.7 pct
Pennsylvania State Employees’ Retirement System board moved to commit up to $250 million across three private equity funds at its meeting on July 25, according to a press release. The pension system committed up to $75 million to Audax Private ...

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