Updated with correction
Kansas Public Employees Retirement System, Topeka, committed a total of $115 million to three alternative funds, confirmed spokeswoman Kristen Basso.
The $12.7 billion fund committed $50 million to private equity fund Pine Brook Capital Partners II and $40 million to closed-end real estate fund KTR Industrial Fund III.
KPERS invested $20 million each in Pine Brook's first fund and KTR Industrial Fund II.
The board also approved an additional commitment of $25 million to private equity fund Platinum Equity Capital Partners III. It made an initial commitment of $20 million to the fund in November.
