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FUNDRAISING NEWS | March 08, 2023
Tags: Pension Funds, Alternative Insights, Credit
The Kentucky Public Pensions Authority (KPPA), which oversees the Kentucky Retirement System, has disclosed a recommendation for a $150 million commitment to Adams Street Partners Senior Private Credit Fund III.
The Adams Street fund will invest primarily in directly originated first lien senior secured loans of middle-market companies.
The recommendation was presented in meeting materials for the March 1 board meeting.
KPPA previously committed $250 million to Fund II and an additional $250 million to a co-investment side car vehicle.
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Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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