The Kansas Public Retirement System (KPERS) has committed $170 million to two information funds: Principal Data Center Growth and Income Fund and LBA Logistics Value Fund X. These commitments were made on Nov. 27, according to a spokesperson for KPERS.
Principal Data Center Growth and Income Fund, a vehicle of Principal Asset Management, received $85 million. This fund is a closed-end, opportunistic fund focused on data center assets in the United States. This fund has a maximum size of $3 billion.
LBA Logistics Value Fund X, a program of LBA Realty, is a closed-end, core-plus, value-added fund focused on industrial and logistics properties in the United States. This fund has a fundraising goal of $2.5 billion. This commitment follows prior commitments by the Los Angeles Fire and Police Pension.
KPERS is a public pension fund that manages three st
