Indiana Public Retirement System, Indianapolis, disclosed $296 million in new commitments on behalf of its $45.2 billion defined benefit plan.
The system disclosed commitments of $125 million to infrastructure fund Ardian Infrastructure Fund VI; $125 million and $31 million, respectively, to Patient Square Equity Partners II, a healthcare private equity fund, and Patient Square Co-Investment Vehicle, its co-investment sidecar vehicle, both managed by Patient Square Capital; and $15 million to KKR Project Campus, a private equity co-investment fund managed by KKR & Co., in materials for its Oct. 25 board meeting.
As of Sept. 30, the DB plan’s actual allocation to private markets and real assets was 15.5% and 9.2%, respectively.
