Pennsylvania State Employees’ Retirement System is a multi-employer cost-sharing defined-benefit public pension fund based in Harrisburg, Pennsylvania. Established in 1923, the plan provides retirement, annuity, health, and disability benefits to eligible government employees. It primarily invests in alternative investment strategies including buyouts, distressed debt, turnarounds, energy, oil & gas, international private equity, limited partnership secondaries, mezzanine, and venture capital. The assets are managed by an eleven-member retirement board.
United States
$36
12.2
Joseph Torta
James Nolan
Gregory Thall
19.3% Private Equity
6.5% Real Estate
32% US Equity
14.1% International Developed Markets Equity
4.6% Emerging Markets Equity
17.7% Fixed Income
2.9% TIPS
1.8% Cash
1.1% Legacy Private Credit
0% Legacy Hedge Funds
Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website
