---
title: Kentucky County Commits $350 to Private Credit
description: Kentucky County Commits $350 to Private Credit.
---

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# [Kentucky County Commits $350 to Private Credit](https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-county-commits-350-to-private-credit)

 Written by [John Washington, Data Research Analyst](https://dakotafunds.com/dakota-funds/author/john-washington-data-research-analyst) | April 13, 2023

The Kentucky County Employees’ Retirement System has committed $350 million to two private credit funds managed by Adams Street Partners.

A re-up commitment of up to $175 million was allocated to Adams Street Partners Senior Private Credit Fund III. In addition, up to $175 million was also committed to its co-investment sidecar vehicle.

The investment was approved at the March 9 board meeting.

The Kentucky Public Pensions Authority oversees the County Employees Retirement System and the Kentucky Retirement Systems. 

As of December 31, 2022, the pension fund allocates 21.25% to Specialty Credit, while they target 10% to the asset class respectively.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-county-commits-350-to-private-credit)

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