Institution: Kansas Public Employees Retirement System
Headquarters: Topeka, United States
Allocation to alternatives: 17.60%
Kansas Public Employees Retirement System agreed to commit $50 million to Green Equity Investors VIII in its latest round of private markets commitments, a contact at the pension informed Private Equity International. The eighth series buyout fund managed by Leonard Green & Partners is targeting $10 billion in commitments.
The $20.22 billion US public pension has an 8.0 percent target allocation to private equity that currently stands at 7.90 percent.
As illustrated below, KPERS has committed to five private equity funds with a 2019 vintage, which combined constitute $250 million.
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