PA SERS backs Ares and Permira in latest round of PE funding

Pennsylvania State Employees’ Retirement System, pension funds, private equity, PA SERS
A view of the Pennsylvania State House from the State Street Bridge in Harrisburg on Jan. 18, 2012. Reuters/Tim Shaffer
Pennsylvania State Employees’ Retirement System at its April meeting committed $875 million to private equity funds, in line with its 2018-2019 investment plan, meeting documents show. The investment plan set its annual pacing for new PE commitments at $650 million ...

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