Institution: Kansas Public Employees Retirement System
Headquarters: Topeka, United States
Allocation to alternatives: 17.60%
Kansas Public Employees Retirement System (KPERS) has agreed to commit $50 million to Montagu VI, a contact at the pension informed Private Equity International. The sixth series fund is managed by Montagu Private Equity and is targeting European buyouts.
The $19.65 billion US public pension has an 8.0 percent current and target allocation to private equity.
As illustrated in the charts below, KPERS has made four commitments to private equity funds with a 2019 vintage, which combined constitute $200 million.
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