Kansas Public Employees slates $125 million for 2 buyout funds

Kansas Public Employees Retirement System, Topeka, committed up to $125 million to two buyout funds, spokeswoman Kristen Basso said in an e-mail.

The $16 billion pension fund committed up to $75 million to Wellspring Capital Partners VI, managed by Wellspring Capital Management, and up to $50 million to Quad-C Partners IX, managed by Quad-C Management.

KPERS previously committed $25 million to predecessor fund Wellspring Capital Partners V in 2011. Quad-C is a new relationship.

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

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