---
title: Kentucky Retirement System Considers $150M in Adams Street Private Credit
description: Kentucky Retirement System Considers $150M in Adams Street Private Credit.
---

[Dakota Funds ](https://dakotafunds.com/dakota-funds)

# [Kentucky Retirement System Considers $150M in Adams Street Private Credit](https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-retirement-system-considers-150m-in-adams-street-private-credit)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | March 08, 2023

The Kentucky Public Pensions Authority (KPPA), which oversees the Kentucky Retirement System, has disclosed a recommendation for a $150 million commitment to Adams Street Partners Senior Private Credit Fund III.

The Adams Street fund will invest primarily in directly originated first lien senior secured loans of middle-market companies.

The recommendation was presented in meeting materials for the March 1 board meeting.

KPPA previously committed $250 million to Fund II and an additional $250 million to a co-investment side car vehicle.

*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!*

* *

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-retirement-system-considers-150m-in-adams-street-private-credit)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Koncheng Moua, Director of Data Management and Strategy"
  },
  "dateModified" : "2024-04-04T23:31:46.555Z",
  "datePublished" : "2023-03-08T05:00:00Z",
  "headline" : "Kentucky Retirement System Considers $150M in Adams Street Private Credit",
  "image" : {
    "@type" : "ImageObject",
    "height" : 1380,
    "url" : "https://22672301.fs1.hubspotusercontent-na1.net/hubfs/22672301/Imported_Blog_Media/louisville-4.jpg",
    "width" : 2070
  },
  "mainEntityOfPage" : "https://dakotafunds.com/dakota-funds/fundraising-news/kentucky-retirement-system-considers-150m-in-adams-street-private-credit",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Dakota Funds"
  }
}
```