Asset Owner Directory

Pennsylvania State Employees’ Retirement System

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.

Country

United States

AUM ($B)

$35

Performance

11.1

Chief Executive

Joseph Torta

Chief Investment Officer

James Nolan

Chair

David R. Fillman

Asset allocation

14.7% Private Equity

1.9% Private Credit

7.4% Real Estate

25.4% US Equity

13.2% International Developed Markets Equity

4.5% Emerging Markets Equity

27.6% Fixed Income

3.7% Inflation Protection (TIPS)

1.5% Cash

0.1% Legacy Hedge Funds

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