The Kansas Public Employees’ Retirement System has disclosed two alternative investments totaling up to $100 million that were approved at the March 23 board meeting.
$40 million committed to private equity fund, New Mountain Partners VII.
In real estate, $60 million was approved for ARE Partners Real Estate Fund X.
As of February 28, 2023, the $24.8 billion Retirement System has an actual and target allocation to private equity of 11.25% and 9% respectively. The actual and target allocation to real estate is 12.47% and 13% respectively.
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!
