Institution: Kansas Public Employees Retirement System
Headquarters: Topeka, United States
Allocation to alternatives: 17.6%
Kansas Public Employees Retirement System committed €45 million ($50 million) to Montagu VI. The buyout fund will invest in a diversified group of Western European companies in sectors such as healthcare, manufacturing, transportation and technology.
The $19.65 billion pension has an 8 percent target allocation to private equity that currently stands at 8 percent.
As illustrated in the charts below, KPERS currently allocates 17.6% to alternative assets. The pension has consistently made commitments of $50 million to buyout and venture capital funds across several regions and sectors.
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