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.
New recruit joins the firm after leaving his role as partner at Agilitas in March 2018
New contract is expected to start in January 2019, and would be for a three-year period
Andera buys a stake in Orest Group, investing via its small-cap vehicle Capestan Capital 2
Company intends to use the fresh capital to further boost its technology development