Kentucky Teachers’ Retirement System, Frankfort, disclosed commitments totaling $185 million.
The $26.9 billion pension fund’s investment committee at its Feb. 27 meeting approved commitments of $85 million to TA Digital Real Estate I, a data center real estate fund managed by TA Realty; and $50 million each to Apex Credit Edge III, a private credit fund managed by Apex Credit Partners, and NGP Royalty Partners III, an oil and gas fund managed by NGP Energy Capital Management, according to a report included with March 17 board meeting materials.
As of Sept. 30, the pension fund’s actual allocation to alternative investments was 7.9%.
