Searches and Hires

KPERS earmarks $150 million for 3 funds

Kansas Public Employees Retirement System, Topeka, committed a total of $150 million to three alternatives funds, confirmed Kristen Basso, spokeswoman for the $18.5 billion pension system, in an email.

At its March 22 meeting, the KPERS board approved commitments of $50 million apiece to TA XIII, a middle market growth equity fund managed by TA Associates; Platinum Equity Capital Partners V, a buyout fund; and AEW Senior Housing Investors IV, a real estate fund managed by AEW Capital Management.

KPERS' asset allocation as of Dec. 31 was 24.7% domestic equities, 22.4% international equities, 11.6% fixed income, 11.4% real return, 10% real estate, 7.8% yield driven assets, 7.6% alternatives and 4.5% cash.