Dakota Funds

Kentucky TRS Commits $100M to Private Equity

Written by Jane Bailey, Marketing Associate | January 02, 2024

The Kentucky Teachers Retirement System has approved two commitments to private equity, totalling $100 million, according to materials from the December 18th board meeting. 

$50 million was allocated to Hellman & Friedman XI. An additional $50 million was allocated to Carlyle European Partners VI. 

As of September 30, 2023, the $23 billion Retirement Fund has an actual and target allocation to alternative investments of 9.1% and 8.5% respectively.

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