Teddy Grant
LPs lean toward re-ups with GPs, leaving some emerging managers out in the cold.
The PE firm has received commitments from New Mexico Educational Retirement Board and Washington State Investment Board.
Nebraska Investment Council committed $50m to the fund.
The system also made $130 million in private equity commitments in Q2.
The pension also committed $150m to private equity funds at its latest meeting.
The $100 million will be invested over four years, targeting around 500 companies.
The pension's assets under management increased by $670 million between March and April.
The pension set a five percent target for private credit.
Institutional investors are also sticking with managers in geographical areas they've previously invested in.
PA PSERS saw its net investment returns hit negative 8.17 percent in the quarter ending March 31.
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