Pennsylvania State Employees Retirement System (SERS), the $28.7bn US pension scheme, generated 13% returns from its private equity portfolio for the 12-month period to June 2018.
Fresh capital will be used for international growth and software development acceleration
Commhoist is a specialist mobile telecoms logistics provider based in Warrington and founded in 1996
Augusta-based MainePERS has invested 3.5% of its portfolio to alternative credit
Sale ends a six-year holding period for the GP, which bought TPSC via its €40m Main Capital III fund