Pennsylvania SERS commits $100m

The Pennsylvania State Employees’ Retirement System (Pennsylvania SERS) has committed up to $100 million to Brightwood Capital Fund IV.

The fund, launched by Brightwood Capital Advisors in 2016, focuses on U.S. middle market businesses through a private debt investment strategy.

Platinum subscribers may click here for the retirement system’s full profile, including key contacts, allocation strategy and fund investments.