Pennsylvania State Employees' Retirement System, Harrisburg, committed up to $75 million to AXA Secondary Fund V B and up to $50 million to Asia Alternatives Capital Partners III, spokeswoman Pamela Hile confirmed in an e-mail. Both are private equity funds.
The $25 billion pension fund previously committed a total of $120 million to AXA Secondary series funds. It previously committed $100 million to Asia Alternatives Capital Partners funds. Both are private equity funds.
