Kern Commits $25M to HPS

The Kern County Employees’ Retirement System recently committed $25 million to HPS Special Situations Opportunity Fund II.

The private credit investment represents a new relationship for the fund.

As of December 31, 2023, the $5.5 billion pension fund allocates approximately 5.5% to private credit with a policy target of 8%.

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!

Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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