FUNDRAISING NEWS | August 07, 2024
The Kansas Public Employees’ Retirement System approved an allocation of $85 million to Ventas Life Science and Healthcare Real Estate Fund, according to materials from the July 25th Board meeting.
Additionally, KPERS approved the motion to retain two investment managers. Mellon Investment Corporation was retained as passive U.S. equity manager of a $60 million mandate. And MacKay Shields was retained as the active core-plus fixed income manager with a mandate of $140 million.
As of December 31, 2023, the $27 billion pension fund allocates approximately 23.7% to fixed income, 13.4% to real estate and 29.8% to domestic equity.
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Helen Bascom is a Marketing Associate at Dakota.
