The Pennsylvania State Employees' Retirement System posted a 4.7% return for 1Q 2011. The return reflects 4Q performance for PE, VC and real estate due to customary lagged reporting of the asset classes. The public pension fund's PE assets generated a 7.3% return for 4Q 2010. PA SERS also announced that it has authorized a $25 million commitment to H.I.G. Capital's H.I.G. Growth Buyouts & Equity Fund II.