Kansas Public Employees Retirement System, Topeka, approved up to $100 million in real estate and private equity commitments, said Kristen Basso, spokeswoman, in an e-mail.
The board approved committing up to $50 million each to Heitman America Real Estate Trust, a core open-end real estate fund, and Hellman & Friedman Capital Partners VIII, a buyout fund.
The board committed to a previous Hellman & Friedman fund.
As of March 31, the $16 billion pension fund’s actual allocations to real estate and alternatives were 7.8% and 2.7%, respectively.
