FUNDRAISING NEWS | October 05, 2023
The Indiana Public Retirement System disclosed three recent commitments in alternatives totaling $160 million, according to materials from their September Investment Board meeting.
Within Private Equity, $100 million was allocated to New Mountain Strategic Equity II and $50 million was allocated to NM IN Co-Invest II.
In Real Assets, $10 million was allocated to KKR Project Denali Co-Investment.
As of June 30, 2023, the $48 billion pension fund has allocated 11.3% to private equity while they target 10% to the asset class. In real assets, they have allocated 8.4% and target 10%.
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Helen Bascom is a Marketing Associate at Dakota.
