FUNDRAISING NEWS | August 01, 2024
The Pennsylvania State Employees’ Retirement System invested $200 million to HarbourVest PA Coinvestment Fund Tranche II, according to a July 30th News Release.
According to the news release, the follow-on commitment “is capped at $50 million for calendar year 2024 and $80 million per calendar year thereafter.”
As of December 31, 2023 Penn SERS was valued at approximately $36.4 billion, allocating approximately 19.3% to private equity with a target of 16%.
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Helen Bascom is a Marketing Associate at Dakota.
