Pennsylvania Public School Employees’ Retirement Board, Harrisburg, committed a total of $1.88 billion to real estate, private equity and debt funds at its May 2 meeting, according to the $67.4 billion fund’s website. The board approved commitments of up to $500 million in Sankaty Credit Opportunities IV, up to $400 million in Morgan Stanley Real Estate Fund VII Global, and up to €200 million ($309 million) in Avenue Europe Special Situations Fund.
Other commitments were $175 million to RCG Longview Debt Fund IV, up to $150 million each in Landmark Equity Partners XIV and Paladin Realty Latin America Investors III, and up to $100 million each in Evergreen Pacific Partners II; AvalonBay Value Added Fund II, a REIT; and Strategic Capital Partners' Strategic Partners Value Enhancement Fund II.
