Kansas Public Employees sets $75 million for TPG fund

Kansas Public Employees Retirement System, Topeka, committed up to $75 million to TPG Partners VII, a buyout fund, said spokeswoman Kristen Basso in an e-mail.

The $16 billion pension fund previously committed $25 million to predecessor fund TPG Partners VI in 2008.

The pension fund has an 8% long-term target allocation to alternatives.

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