The Pennsylvania Public School Employees’ Retirement System has approved three alternative investments totaling up to $530 million.
$130 million was committed to to the venture capital fund, Insight Partners Fund XIII.
In private credit, $200 million was committed to PIMCO Commercial Real Estate Debt Fund II.
$200 million was committed to the energy focused private equity fund, LS Power Fund V.
Aksia assisted with due diligence for the three investments.
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