Officials for four large public pension funds are considering investing in Kohlberg Kravis Roberts' 1996 leveraged buy-out fund: the $43 billion State of Wisconsin Investment Board, Madison; the $17.8 billion Colorado Public Retirement Association, Denver; the $22 billion Minnesota State Board of Investment, St. Paul; and the $71 billion New York State and Local Retirement Systems, Albany.
The board for Wisconsin, a previous investor with KKR, was to consider the issue today, said Patricia Lipton, executive director.
KKR made a presentation on the fund to Colorado PERA, but no decisions have been made, said Donald Schaefer, director-communications. Colorado does not have any investments with KKR.
Minnesota's State Board is considering it, but probably won't be making a decision for a while, said Howard Bicker, executive director. Minnesota has invested with KKR in the past.
A spokesman for the New York State fund said officials there are looking at investing with KKR, but no decision has been made.
