Kentucky Teachers' Retirement System, Frankfort, approved $100 million total in alternatives commitments, said Gary Harbin, executive secretary.
The $18.1 billion pension fund and the retirement system's $742 million medical insurance plan committed $50 million and $10 million, respectively, to TA Realty Associates XII, a value-added real estate fund.
Additionally, the pension fund and medical insurance plan committed $35 million and $5 million, respectively, to Fort Washington Private Equity Investors X, a fund of funds managed by Fort Washington Investment Advisors that invests in small-cap private equity deals, Mr. Harbin said.
The retirement system previously committed $60 million total to predecessor fund TA Realty Associates XI in 2015.
