Pennsylvania pension fund commits $75m to Chinese investment firm

Pennsylvania pension fund commits $75m to Chinese investment firm

Shanghai, China. Photo by Merlin Kraus on Unsplash

The Pennsylvania State Employees’ Retirement System (PA SERS) approved a commitment of up to $75 million to a China-based investment firm focusing on private equity and special situations at a recent board meeting.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter