PSERS Commits

The Pennsylvania State Employees' Retirement System has approved the following private equity fund commitments: $15 million to InterMedia Partners VII; to $30 million to Sofinnova Venture Partners VII; $20 million to VIMAC Ventures IT III; $80 million to AXA Secondary Fund IV (follow-on); $125 million to Hellman & Friedman VI (follow-on); $50 million to Providence Equity Partners VI (follow-on).