Pennsylvania State Employees' Retirement System, Harrisburg, committed up to $200 million to four alternatives funds, said Pamela Hile, spokeswoman for the $28 billion pension fund.
PennSERS committed $50 million each to two real estate funds, Prudential Senior Housing Partners V, managed by Prudential Real Estate Investors, and Rockpoint Real Estate Fund V, managed by Rockpoint Group.
The pension fund also committed $50 million apiece to Hahn & Co. II, a private equity fund that makes middle-market investments in South Korean companies, and Insight Venture Partners IX, a growth equity fund focused on software and Internet companies.
All commitments are subject to contract negotiations.
