SERS: US$320m to alternatives

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US - The Pennsylvania State Employees' Retirement System has committed US$320m to alternative investments.

The $30bn fund will be investing up to $15m in InterMedia Partners VII, up to $30m to Sofinnova Venture Partners VII and up to $20m to VIMAC Ventures I.T. III. PA SERS will also be placing up to $...

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