The Indiana Public Retirement System disclosed three recent commitments in alternatives totaling $160 million, according to materials from their September Investment Board meeting.
Within Private Equity, $100 million was allocated to New Mountain Strategic Equity II and $50 million was allocated to NM IN Co-Invest II.
In Real Assets, $10 million was allocated to KKR Project Denali Co-Investment.
As of June 30, 2023, the $48 billion pension fund has allocated 11.3% to private equity while they target 10% to the asset class. In real assets, they have allocated 8.4% and target 10%.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!