FUNDRAISING NEWS | August 22, 2024
An August 16 news release from the Pennsylvania Public School Employees’ Retirement has disclosed an approximate total of $720 million in commitments to private credit, private equity, and private infrastructure across five funds.
$175 million was allocated to private credit fund ACORE Opportunistic Credit II.
Two commitments were made to private equity funds including a $100 million allocation to Summit Partners Growth Equity Fund XII-A and $125 million was allocated to LLR Equity Partners VII.
Two commitments were made to private infrastructure, including a $100 million allocation to Peppertree Capital Fund X.
Lastly, €200 million (approximately $216.5 million) was allocated to the international private infrastructure fund Blackstone Infrastructure Partners Europe (CYM) L.P.
As of March 31, the Pennsylvania PSERS has $76.5 million in total net assets.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace! 
Jane Bailey is a Marketing Associate at Dakota.
