Kentucky TRS Commits $100M to Private Equity, Real Estate

The Kentucky Teachers’ Retirement System has approved two alternative investments totaling up to $100 million.

$50 million was committed to the AlpInveset Secondaries Fund VIII.

In addition, $50 million was approved to be allocated to the Angelo Gordon Net Lease Realty V fund. 

As of March 31, 2023, the $23.3 billion Retirement System has an actual and target allocation to private alternative investments of 7.9% and 7% respectively. They allocate and target 7.7% and 7% respectively to real estate.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!