Return to search

KPERS confirms $50m commitment

The Kansas-based public pension has backed AEW's newly-launched Senior Housing Investors IV fund.

Institution: Kansas Public Employees Retirement System
Headquarters: Topeka, United States
AUM: $18.47bn
Allocation to alternatives: 28.10%
Bitesize: $50-100m

Kansas Public Employees Retirement System (KPERS) has agreed to commit $50 million to AEW Senior Housing Investors IV, a contact at the pension informed PERE. AEW’s fourth series fund follows on from its three predecessors in focusing on core-plus senior housing investments in North America.

The $18.47 billion US public pension has a 11.0 percent target allocation to real estate that currently stands at 9.90 percent.

As illustrated in the charts below, this is the first real estate fund commitment made by KPERS since the pension committed $60 million to Exeter Industrial Value Fund IV in October 2016.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.