PASERS Makes Private Equity Commitments

Jul 18 2008 | 10:27am ET

The board of the $34 billion Pennsylvania State Employees’ Retirement System this week allocated capital to five private equity and real estate shops.

The board authorized commitments of up to €20 million (US$31 million) to Clessidra Capital Partners II, up to €50 million (US$79 million) to Charterhouse Capital Partners IX as a follow-on investment, up to $30 million to InterWest Partners X as a follow-on investment, $9 million to a “sidecar” fund being raised by Battery Ventures VIII, and up to $15 million to Arden Real Estate Fund I.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...

 

From the current issue of