Kansas Public Employees’ Retirement System, Topeka, hired Alignment Capital Group to evaluate the system’s $480 million alternative investments portfolio, said Scott Peppard, deputy CIO at the $9.3 billion system. The evaluation will begin after Alignment meets with board and staff members this week, Mr. Peppard said. KPERS’ investment policy requires an independent evaluation of the portfolio every five years.
The evaluation is expected to be completed by November, he said.
