The Kansas Public Employees Retirement System (KPERS) has committed $80 million to two private equity funds.
$40 million was committed to JMI Equity Fund XI-A, a growth equity fund managed by JMI Management. The other $40 million was committed to TA XV-A, a middle market buyout fund managed by TA Associates.
As of June 30, 2022 KPERS allocates 11.6% to private equity while they target 10% to the asset class.
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!