Kansas Public Employees allocates up to $170 million to real estate, private equity
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Kansas Public Employees Retirement System, Topeka, made three new commitments totaling up to $170 million, spokeswoman Kristen Basso said in an email.
The $21.1 billion pension fund committed up to $65 million to value-added real estate fund
Heitman Value Partners V; up to $55 million to CBRE Strategic Partners U.S. Value 9, a value-added real estate fund managed by
CBRE Global Investors; and up to $50 million to growth equity fund
TPG Growth V.
The pension fund s target allocations to real estate and private equity are 13% and 9%, respectively.
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By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. USD 355’s Jacobs named KPERS Board candidate Ben Jacobs
ELLINWOOD Ellinwood USD 355 superintendent Ben Jacobs has been selected as a candidate for the Kansas Public Employees Retirement System (KPERS) Board of Trustees. Ernie Claudel, retired educator and building administrator at USD 233 Olathe, is the other candidate for the trustee position which is a four-year term.
The KPERS board has nine trustees. The governor appoints four, legislative leaders appoint two, two are elected by retirement system members and one is the elected state treasurer.
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