Pennsylvania State Employees Retirement System, Harrisburg, hired Harris Associates to manage $150 million in active international small-cap value equities.
The $21 billion plan also committed $70 million to the Oaktree Capital Management Emerging Markets Feeder Fund; up to $25 million to Oaktrees Real Estate Opportunities Fund III; up to $40 million to Nordic Capital V; and up to $25 million to Blackstone Real Estate Partners Fund IV. It made follow-on commitments of up to $75 million to GTCR Fund VIII and $8 million to Ignition Venture Partners II. Each allocation was funded from cash.
Further details were not available.