Products
Integrations
Services
Company
FUNDRAISING NEWS | October 25, 2022
The Pennsylvania Public School Employees’ Retirement System (PSERS) has disclosed commits of up to $445 million across four alternative investments.
Real Estate
$175 million was committed to value-add real estate fund, Cabot Industrial Value Fund VII. The fund will build and acquire mid-sized industrial warehouses primarily in North America but will explore European and Asian markets. In addition, $125 million was committed to value-add fund, DRA Growth and Income Master Fund XI, managed by DRA Advisors. The fund will have a large exposure to secondary markets.
Private Equity
In private equity, $125 million was committed to Incline Equity Partners Fund VI. Fund VI is a middle market buyout fund. $20 million was also committed to venture capital fund, Insight Vision Capital II. Fund II will operate as a fund-of-funds vehicle as a passive investor.
Hamilton Lane, PSERS’ private equity and real estate consultant, assisted with due diligence.
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!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
March 09, 2023
May 02, 2023
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2024 | Terms of Use | Privacy Policy | California Privacy Policy