Pennsylvania pension fund commits $220m to private equity
Pennsylvania Public Schools Employees’ Retirement System has committed up to $220 million to private equity investments, including $50 million for Orchid Asia V, which focuses on growth capital investments in China.
Of the remainder, $100 million will go to Capital International Private Equity Fund VI, a fund targeting growth capital and buyout opportunities in emerging markets, and $70 million to Milestone, which...
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