KTRS approves $100m in commitments

The $18.6bn US public pension backs a fund-of-funds and a value-added real estate fund.

The Kentucky Teachers’ Retirement System (KTRS) disclosed commitments of up to $100 million in total to two funds.

At its May investment committee meeting, the $18.6 billion US public pension approved an investment of up to $60 million in Fort Washington Private Equity Partners X, a diversified fund-of-funds, and up to $40 million in TA Realty Associates XII, a value-added real estate vehicle.

KTRS has a 3.5 percent current allocation to private real estate. Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.