SERS Committee Recommends $150 Million Private Equity Commitment
Pennsylvania State Employees Retirement System | Commonwealth of PennsylvaniaState · Harrisburg, PA- Disclosed value
- Up to $150 million, plus investment expenses and pro rata share of partnership operating expenses
- From minutes
- Document date
- Jul 21, 2026
- Renews
- Free account
The 30-second brief
The SERS Investment Committee recommended committing up to $150 million to The Resolute Fund VII, L.P. for a new Private Equity investment, plus investment expenses and the fund’s pro rata operating expenses. Closing remains subject to contract negotiations, executed partnership documents, and required Commonwealth approvals within 12 months.
Resolute Fund Vii LP holds this financial services contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania. Its other public contracts on record include work for Oregon State Treasury and Houston Police Officers Pension System.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $150 million, plus investment expenses and pro rata share of partnership operating expenses
- Document date
- July 21, 2026
- Term
- Subject to completion of contract negotiations and execution and delivery of closing documents within 12 months of July 21, 2026
- Renews
- On record
- Vendor
- Resolute Fund Vii LP
- Source document
- Pennsylvania State Employees' Retirement System Minutes Investment Committee Meeting Minutes 2026-07-21 (Minutes)
Resolute Fund Vii LP'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?
Resolute Fund Vii LP was awarded this financial services contract by Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania, as recorded on July 21, 2026. The contract value is Up to $150 million, plus investment expenses and pro rata share of partnership operating expenses.
How much is the Resolute Fund Vii LP contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania worth?
The Resolute Fund Vii LP contract with Pennsylvania State Employees Retirement System | Commonwealth of Pennsylvania is valued at Up to $150 million, 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 Investment Committee Meeting Minutes 2026-07-21 (Minutes), dated July 21, 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 other contracts does Resolute Fund Vii LP hold?
Resolute Fund Vii LP may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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.