Pennsylvania Public School Employees' Retirement System, Harrisburg, committed $375 million to two alternatives funds, documents from the $64.2 billion pension fund show.
At its March 5 meeting, the board agreed to commit $200 million to Carlyle Realty Partners IX, an opportunistic real estate fund by Carlyle Group; and $175 million to Apax Digital II, a growth buyout fund managed by Apax Partners that targets midmarket technology companies.
Investment consultant Hamilton Lane Advisors assisted.
