PennSERS commits $100m to Asia Alternatives
Pennsylvania State Employees’ Retirement System (PennSERS) has extended its long-standing relationship with Asia Alternatives, allocating $50 million to the firm’s latest fund-of-funds product and a further $50 million to a separate account.
The pension system said in a statement that the funds will focus on primary, secondary and direct co-investments across Asia – primarily in the growth and buyout space – with the separate account,...
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