Kansas Public Employees Retirement System Commits $120M to Private Equity

The Kansas Public Employees Retirement System disclosed two recent commits in private equity totaling $120 million, according to materials from their September Board meeting. 

In Private Equity, $60 million was allocated to TPG Partners IX and another $60 million was allocated to FS Equity Partners IX. 

The $25.7 billion Retirement System also disclosed the 2024 private equity commitment targets. $550 million to $650 million will be targeted across six to eight funds in annual commitments to private equity. The private equity target was increased to 11% from 9% as a result of the asset liability study in 2023.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.