Institution: Pennsylvania State Employees’ Retirement System
Headquarters: Harrisburg, United States
AUM: $28.80bn
Allocation to alternatives: 22.12%
Bitesize: $50-100m
Pennsylvania State Employees’ Retirement System has approved commitments of €50 million ($55 million) each to Activum SG Fund VI and Activum SG Fund VI Co-Investment, a contact at the pension informed PERE.
The $26.80 billion US public pension has a 12.0 percent target allocation to real estate that currently stands at 7.20 percent.
As illustrated in the charts below, Pennsylvania has made five commitments to real estate funds with a 2018 or 2019 vintage, which combined constitute $610 million.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
