---
title: Pennsylvania SERS Commits $225M to Alternatives
description: Pennsylvania SERS Commits $225M to Alternatives.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/chris-murray-PLgY0KpeL-g-unsplash.jpg
---

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

**

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

# Pennsylvania SERS Commits $225M to Alternatives

**Written by: ** Koncheng Moua, Director of Data Management and Strategy 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/chris-murray-PLgY0KpeL-g-unsplash.jpg)

The Pennsylvania State Employees Retirement System (SERS) has disclosed $225 million in new investments made at the September board meeting, according to a press release.

$100 million will be committed to private equity fund, Ardian Secondaries Fund IX. Additionally, $50 million will be committed to the sidecar vehicle that will co-invest alongside Fund IX.

$75 million was committed to private credit fund, Oak Street Real Estate Capital Fund VI. Oak Street Real Estate was acquired by Blue Owl in 2021. SERS previously committed $50 million to Oak Street Real Estate Capital Fund V in 2020.

As of June 30, 2022, Pennsylvania SERS has an actual and target allocation to private equity of 17.6% and 12 % respectively. The actual and target allocation to private credit was 3.3% and 4% respectively.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!   *

**

 Tags: [Credit](https://dakotafunds.com/dakota-funds/tag/credit), [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity)

### Recent Posts

[EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners)   
April 04, 2024

[JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant)   
April 04, 2024

[$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary)   
April 03, 2024

[Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative)   
April 03, 2024

[NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate)   
April 03, 2024

## Related Blogs

<https://dakotafunds.com/dakota-funds/fundraising-news/maine-commits-225m-to-private-credit-infrastructure>

August 10, 2022

#### Maine Commits $225M to Private Credit & Infrastructure

 The Maine Public Employees’ Retirement System has committed $225 million across two funds,...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/maine-commits-225m-to-private-credit-infrastructure)

<https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-retirement-commits-225m-to-real-return-investments>

January 11, 2023

#### Kentucky Retirement Commits $225M to Real Return Investments

 The Kentucky Public Pensions Authority has committed to three alternative investment funds totaling...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-retirement-commits-225m-to-real-return-investments)

<https://dakotafunds.com/dakota-funds/fundraising-news/dc-retirement-commits-225m-to-alternatives>

November 30, 2023

#### DC Retirement Commits $225M to Alternatives

 The District of Columbia Retirement Board disclosed three recent commitments to alternatives,...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/dc-retirement-commits-225m-to-alternatives)

![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Koncheng Moua, Director of Data Management and Strategy",
    "url" : "https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy"
  },
  "dateModified" : "2024-04-04T23:23:19.551Z",
  "datePublished" : "2022-09-30T04:00:00.000Z",
  "headline" : "Pennsylvania SERS Commits $225M to Alternatives",
  "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/chris-murray-PLgY0KpeL-g-unsplash.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/pennsylvania-sers-commits-225m-to-alternatives",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject"
    },
    "name" : "Dakota Funds Group"
  }
}
```