PA SERS Hires New Consultants
September 30, 2011- Share:
The Pennsylvania State Employees' Retirement System has hired RV Kuhns & Associates as its general investment consultant and StepStone Group as its alternative investment consultant. PA SERS has about $26 billion of assets and posted a 2.1% net-of-fees return in the second quarter. Its PE assets generated a 5.9% return.
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