Kansas PERS Commits $90M to Private Equity

The Kansas Public Employees’ Retirement System has approved a commitment of $90 million to Platinum Equity Small Cap Fund II.

Platinum Equity has over $48 billion under management and focuses on North American and European companies in the lower middle market.

As of December 31, 2023, the $27 million pension fund allocates approximately 10.8% to alternatives with a target of 11%.

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