Kansas Public Employees Retirement System approves $150m in commitments

The US public pension fund has backed domestic and globally focused funds.

The board of Kansas Public Employees Retirement System approved commitments of $75 million to Vista Equity partners VII and $75 million to Warburg Pincus Global Growth Fund XIII.

Both are mega funds targeting $12 billion in the TMT sector and $13.5 billion in diversified sectors, respectively. The $19.2 billion pension fund has a 7 percent target allocation to private equity that currently stands at 6.2 percent.

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