PSERS Commits

The Pennsylvania Public School Employees’ Retirement Board has approved the following fund commitments: $300 million to New Mountain Partners III ($3 billion target); $100 million to Navis Asia Fund V ($750 million target); Euro 75 million for Greenpark International Investors III (Euro 300 million target); $50 million to StarVest Partners II ($200 million target); and $400 million to Blackstone Real Estate Partners VI.