All LP Sources

PA SERS

Pennsylvania State Employees' Retirement System

PAquarterly reportsSource disclosure
Total AUM$37.0B
Funds Disclosed177
GPs Covered71
Last Updated4/20/2026

Largest Commitments

FundGPVintageCommitmentNet IRRTVPI
KPS Special Situations Fund VI, LPKPS2024
Ares PA Opportunities Fund, L.P. - Distressed DebtAres Management2019$200M15.5%1.40x
HarbourVest PA Co-investment FundHarbourVest Int'l PEP2020$200M14.4%1.50x
Neuberger Berman PA Co-Investment FundNeuberger Berman2021$200M12.8%1.30x
Vista Equity Partners Fund VIVista Equity Partners2016$150M16.8%2.00x
Glendon Opportunities Fund IIGlendon2019$150M16.7%1.70x
Blackstone Capital Partners V L.P.Blackstone2006$150M7.6%1.70x
Sixth Street TAO Contingent (D)Sixth Street2019$150M13.5%1.40x
Kelso VIIIKelso & Company2007$150M7.2%1.40x
Penn Asia InvestorsPenn Asia2012$133M11.3%1.60x
Ares PA Opportunities Fund, L.P. - Special SituationsAres Management2021$130M21.6%1.50x
Permira European Fund IIIPermira2003$127.1M26.1%1.70x
ASF IX B L.P.ASF VII L.P.2022$100M
Insight Venture Partners XInsight Partners2018$100M24.1%2.80x
Hellman & Friedman Capital Partners XHellman & Friedman2021$100M
TSG8TSG82019$100M5.1%0.90x
Horizon Impact Fund BHorizon Impact2017$100M11.1%1.60x
HarbourVest Partners VIIIHarbourVest2006$100M11.1%2.20x
Sixth Street TAO 4.0 (B)Sixth Street2017$100M10.3%1.40x
Sentinel Capital Partners VIISentinel Capital2023$100M
ASF VII BASF VII L.P.2016$100M13.9%1.60x
ASF VIII B L.P.ASF VII L.P.2020$100M16.2%1.40x
Horizon Strategic Fund - Carlyle GroupHorizon Strategic Fund - Carlyle Group2014$100M12.3%1.70x
Clearlake Capital Partners VIIClearlake Capital2021$100M
Thoma Bravo Fund XV, L.P.Thoma Bravo2022$100M