PennSERS invests, adds to funds

Pennsylvania State Employees’ Retirement System, Harrisburg, will commit up to $50 million to the SEI Structured Credit Fund and up to $25 million to the Prudential Latin America Residential Fund III, confirmed Robert Gentzel, spokesman for the $35 billion system. Both commitments will be funded from cash. The system will also make several follow-on commitments: up to $100 million to the Templeton Strategic Emerging Markets Fund III; up to $30 million to LLR Equity Partners III; up to $25 million to the Siguler Guff BRIC Opportunities II; and up to $25 million to the ABRY Advanced Securities Fund.