Friday, 22 August 2014
Last updated 11 hours ago
Mar 24 2006 | 12:00am ET
The Pennsylvania State Employees’ Retirement System has committed $227 million to new investments and $155 million in follow-on commitments.
At a board meeting held earlier this week, the fund approved real estate investments of up to $75 million in the Scout Fund I, $25 million in Prudential Latin America Retail Fund, private equity investments of $25 million in Excelsior Capital Asia Partners III, $10 million in Sigulare Guff BRIC Opportunities Fund, €35 million ($42 million) in Chequers Capital XV and $50 million in Centerbridge Capital Partners. Follow-on commitments were approved of $30 million to Francisco Partners II, $25 million in Worldview Technology Partners V and $100 million to Bain Capital Fund IX.
Plan Spokesman Robert Gentzel said all commitments approved by the board will be funded from cash as part of SERS’ long-term investment plan.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note