Pennsylvania State Employees' Retirement System, Harrisburg, committed up to $75 million to PSG VI.
The $33.7 billion pension fund’s board approved the commitment to the software and technology-focused growth equity fund at its meeting Tuesday, spokeswoman Pamela Hile confirmed in an email.
The pension fund has made commitments to multiple PSG funds, most recently committing up to $75 million to PSG Europe II in 2021.
As of Dec. 31, the actual allocation to private equity was 19.4%; the target is 16%.
