Pennsylvania Public School Employees’ Retirement System trustees approved commitments to private equity, venture capital and real estate funds at their meeting Friday, according to the $67.4 billion system’s website. The Harrisburg-based fund committed up to $200 million to Actis Emerging Markets 3, up to €150 million ($230 million) to the Partners Group Secondary, up to $100 million in Credit Suisse Strategic Partners IV private equity fund, up to $50 million in the Credit Suisse Strategic Partners IV venture capital fund and up to $75 million in the Credit Suisse Strategic Partners IV real estate fund.
The board also approved commitments of up to $150 million in the Lubert-Adler Real Estate VI fund, up to €200 million in Blackstone Real Estate Partners Europe III, up to $50 million in Cardinal Venture Partners II and up to $100 million in Aisling Capital III, a venture capital fund.
