Pennsylvania State Employees’ Retirement System, Harrisburg, approved a $100 million commitment to the Templeton Global Restructuring Fund, which invests in publicly listed emerging markets stocks. BARRA RogersCasey assisted.
The board of trustees for the $28 billion fund also approved up to $100 million in additional commitments to HarbourVest Partners VI; up to $40 million to Atlas Ventures IV; and up to $75 million to GTCR Fund VII.
Cambridge Associates assisted on the three alternative investment commitments.
All allocations will be funded from cash and are subject to successful completion of contract negotiations.
