Pennsylvania State Employees’ names executive director as returns climb

Pennsylvania State Employees’ Retirement System, Terrill Sanchez, private equity, pension fund
Photo of Terrill Sanchez courtesy Pennsylvania state employees’ pension system
Terrill Sanchez will join Pennsylvania State Employees’ Retirement System as executive director, succeeding David Durbin, who retired earlier this year. The state employees’ pension has a $4.1 billion private equity portfolio, which accounted for 15.7 percent of its total fund in 2016. ...

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