Public Pension · PA, USA
Pennsylvania State Employees' Retirement System
185 fund investments across 71 managers in opportunistic, private credit, private equity and real assets, as last reported 2026-03-31.
Fund investments
185
As of 2026-03-31
Managers
71
Reported NAV
…
Top-10 concentration
…
Share of reported NAV in the ten largest funds
Where the NAV sits
Each rectangle is a fund, sized by current NAV and colored by strategy.
NAV by strategy
Current reported value by top-level strategy.
Commitments by vintage
Capital committed to funds of each vintage year.
Portfolio Holdings
185 fund investments
Fund Name | Vintage | Strategy | Sub-Strat | Geo | Commit | NAV | IRR | TVPI | DPI | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| ABRY Partners VII, L.P. | 2011 | Private Equity | Buyout | Global | $30.0M | — | — | — | 1.43x | |
| ABRY Partners VIII | 2014 | Private Equity | Buyout | Global | $25.0M | — | — | — | 1.30x | |
| ADV Opportunities Fund I | 2015 | Opportunistic | Multi Strategy | North America | $50.0M | $4.2M | 1.7% | 1.10x | 1.03x | |
| Advent International GPE VI-A, L.P. | 2008 | Private Equity | Buyout | Global | $35.0M | $2.2M | 16.3% | 2.10x | 2.00x | |
| Advent International GPE VII-B, L.P. | 2012 | Private Equity | Buyout | Global | $40.0M | $2.5M | 13.1% | 1.80x | 1.74x | |
| Advent International GPE VIII-B, L.P. | 2016 | Private Equity | Buyout | Global | $50.0M | $26.1M | 15.0% | 2.10x | 1.54x | |
| Advent Latin American Private Equity Fund IV | 2007 | Private Equity | Buyout | Latin America | $30.0M | $2.1M | 8.7% | 1.50x | 1.43x | |
| Advent Latin American Private Equity Fund V | 2010 | Private Equity | Buyout | Latin America | $15.0M | $3.0M | 1.6% | 1.10x | 0.91x | |
| Advent Latin American Private Equity Fund VI | 2015 | Private Equity | Buyout | Latin America | $25.0M | $13.6M | 12.2% | 1.80x | 1.24x | |
| Altaris Health Partners V | 2020 | Private Equity | Buyout | North America | $50.0M | $58.7M | 8.1% | 1.30x | 0.02x | |
| Apollo Hybrid Value Fund | 2018 | Opportunistic | Multi Strategy | Global | $100.0M | $39.4M | 14.2% | 1.40x | 1.08x | |
| Apollo Investment Fund IV | 1997 | Private Equity | Buyout | North America | $75.0M | $9,047 | 8.5% | 1.70x | 1.67x | |
| Apollo Investment Fund IX, L.P. | 2019 | Private Equity | Buyout | North America | $85.4M | $71.0M | 13.2% | 1.50x | 0.68x | |
| Apollo Investment Fund VI LP | 2006 | Private Equity | Buyout | North America | $40.0M | $680,464 | 8.6% | 1.70x | 1.66x | |
| Arcline Capital Partners IV | 2025 | Private Equity | Buyout | North America | $130.0M | — | — | — | — | |
| Arcline IV Side Car | 2026 | Private Equity | Co-Investment | North America | $20.0M | — | — | — | — | |
| Ares PA Opportunities Fund - Direct Lending | 2021 | Opportunistic | Multi Strategy | North America | $100.0M | $87.2M | 8.2% | 1.30x | 0.29x | |
| Ares PA Opportunities Fund - Diversified Credit | 2020 | Opportunistic | Multi Strategy | North America | $70.0M | $54.0M | 9.8% | 1.40x | 0.47x | |
| Ares PA Opportunities Fund - Special Situations | 2021 | Opportunistic | Special Situations | Global | $130.0M | $213.6M | 18.5% | 1.70x | 0.24x | |
| Ares PA Opportunities Fund, L.P. - Distressed Debt | 2019 | Opportunistic | Special Situations | North America | $200.0M | $172.8M | 13.6% | 1.50x | 0.56x | |
| ASF IX B | 2022 | Private Equity | Secondaries | Global | $100.0M | $47.9M | 16.6% | 1.20x | 0.14x | |
| ASF IX PA Co-Invest B | 2023 | Real Assets | Infrastructure | Global | $50.0M | — | — | — | 0.00x | |
| ASF VII B | 2015 | Private Equity | Secondaries | Global | $100.0M | $25.1M | 12.0% | 1.50x | 1.18x | |
| ASF VII PA Co-Invest | 2016 | Real Assets | Infrastructure | North America | $50.0M | $21.7M | 14.6% | 1.80x | 1.17x | |
| ASF VIII B L.P. | 2018 | Private Equity | Secondaries | Global | $100.0M | $66.9M | 10.7% | 1.40x | 0.54x | |
| ASF VIII PA Co-Invest | 2020 | Real Assets | Infrastructure | North America | $50.0M | $28.2M | 6.3% | 1.20x | 0.27x | |
| Asia Alternatives Capital Partners | 2006 | Private Equity | Buyout | Asia Pacific | $25.0M | $83,844 | 10.7% | 1.80x | 1.79x | |
| Asia Alternatives Capital Partners II | 2007 | Private Equity | Buyout | Asia Pacific | $29.9M | $943,202 | 16.5% | 2.50x | 2.50x | |
| Asia Alternatives Capital Partners III | 2012 | Private Equity | Buyout | Asia Pacific | $50.0M | $15.6M | 11.2% | 1.70x | 1.45x | |
| Asia Alternatives Capital Partners V | 2017 | Private Equity | Buyout | Asia Pacific | $50.0M | $50.7M | 5.4% | 1.30x | 0.37x | |
| Asia Alternatives Korea Buyout Investors (Hahn & Co) | 2011 | Private Equity | Buyout | Asia Pacific | $7.0M | $349,310 | 9.1% | 1.40x | 1.41x | |
| Audax Direct Lending Solutions Fund-A | 2018 | Private Credit | Direct Lending | North America | $100.0M | $77.9M | 12.7% | 1.40x | 0.78x | |
| Audax Private Equity Fund III | 2007 | Private Equity | Buyout | North America | $37.0M | $492,770 | 14.9% | 2.00x | 1.95x | |
| Audax Private Equity Fund VI | 2019 | Private Equity | Buyout | North America | $75.0M | $81.2M | 21.9% | 1.80x | 0.79x | |
| Audax Private Equity V, LP | 2016 | Private Equity | Buyout | Global | $50.0M | $13.3M | 21.1% | 2.00x | 1.72x | |
| Avenue Special Situations Fund VI, L.P. | 2010 | Opportunistic | Special Situations | North America | $20.0M | — | — | — | 1.05x | |
| Battery Ventures VIII Side Car Fund | 2008 | Private Equity | Venture Capital | North America | $6.8M | — | — | — | 2.77x | |
| Battery Ventures VIII, L.P. | 2007 | Private Equity | Venture Capital | North America | $25.0M | — | — | — | 2.54x | |
| Berkshire Fund VI | 2002 | Private Equity | Buyout | North America | $20.0M | $735,756 | 24.8% | 3.20x | 3.13x | |
| Berkshire Fund VII | 2006 | Private Equity | Buyout | North America | $32.0M | $564,881 | 17.3% | 2.10x | 2.12x | |
| Blackstone Capital Partners Fund V | 2005 | Private Equity | Buyout | Global | $150.0M | $100,936 | 7.6% | 1.70x | 1.67x | |
| Blackstone Capital Partners VII, L.P. | 2016 | Private Equity | Buyout | Global | $50.0M | $36.7M | 11.6% | 1.70x | 1.02x | |
| Blackstone Capital Partners VIII, L.P. | 2020 | Private Equity | Buyout | Global | $70.0M | $67.3M | 9.3% | 1.30x | 0.35x | |
| Brightwood Capital Fund IV | 2018 | Private Credit | Direct Lending | North America | $100.0M | $61.5M | 7.5% | 1.40x | 0.83x | |
| BV Investment Partners XII | 2026 | Private Equity | Buyout | North America | $65.0M | — | — | — | — | |
| Capvis Equity IV | 2014 | Private Equity | Buyout | Europe | $42.8M | $11.7M | — | — | 0.94x | |
| Centerbridge Capital Partners III | 2015 | Private Equity | Buyout | Global | $30.0M | $14.8M | 12.8% | 1.50x | 1.16x | |
| Clearlake Capital Partners IV | 2015 | Private Equity | Buyout | North America | $15.0M | $6.5M | 26.3% | 1.90x | 1.66x | |
| Clearlake Capital Partners V | 2018 | Private Equity | Buyout | North America | $55.0M | $39.0M | 30.3% | 1.90x | 1.40x | |
| Clearlake Capital Partners VI, L.P. | 2020 | Private Equity | Buyout | North America | $60.0M | $74.6M | 8.0% | 1.40x | 0.25x |
Showing 1 to 50 of 185 holdings
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