Thursday, 26 May 2016
Last updated 10 hours ago
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.