Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania Awards Financial Services Contract to Psg Europe Iii S.c.sp (May 2026)
Pennsylvania State Employees Retirement System | Commonwealth of PennsylvaniaState · Harrisburg, PA- Disclosed value
- Up to €100 million (approximately $116 million USD), plus investment expenses and pro rata share of partnership operating expenses
- From minutes
- Approved
- May 5, 2026
- Renews
- Free account
The 30-second brief
The SERS Board approved committing up to €100 million, approximately $116 million, to PSG Europe III S.C.SP. The follow-on private equity investment also includes investment expenses and SERS' pro rata share of partnership operating expenses, with closing subject to approvals within 12 months.
Psg Europe Iii S.c.sp holds this financial services contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania. Its other public contracts on record include work for New Jersey State Investment Council and New Jersey Division of Finance.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to €100 million (approximately $116 million USD), plus investment expenses and pro rata share of partnership operating expenses
- Document date
- May 5, 2026
- Term
- Follow-on private equity investment to be completed within 12 months
- Renews
- On record
- Vendor
- Psg Europe Iii S.c.sp
- Source document
- Pennsylvania State Employees' Retirement System Minutes SERS Board Meeting 2026-05-05 (Minutes)
Psg Europe Iii S.c.sp's other public contracts
More Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania contracts
Questions about this contract
Who was awarded the financial services contract by Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania?
Psg Europe Iii S.c.sp was awarded this financial services contract by Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania, as recorded on May 5, 2026. The contract value is Up to €100 million (approximately $116 million USD), plus investment expenses and pro rata share of partnership operating expenses.
How much is the Psg Europe Iii S.c.sp contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania worth?
The Psg Europe Iii S.c.sp contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania is valued at Up to €100 million (approximately $116 million USD), plus investment expenses and pro rata share of partnership operating expenses, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Pennsylvania State Employees' Retirement System Minutes SERS Board Meeting 2026-05-05 (Minutes), dated May 5, 2026 from Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania currently buying?
Explore Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.