The Kansas Public Employees Retirement System (KPERS) has committed $100 million to EQT Exeter U.S. Industrial Value-Add Fund VII, a program of EQT Real Estate.
This fund is a closed-end, value-add fund investing in industrial and logistics properties in the United States. It has a maximum fund size of $6 billion. EQT Exeter U.S. Industrial Value-Add Fund VI, its predecessor, closed with $4.8 billion in total capital commitments.
KPERS, a public pension fund, had $30.2 billion in total assets under management as of March 31. At that time, it had a 10 percent real estate allocation target with $3.5 billion in total real estate assets.
According to Ask IRE.IQ, the market intelligence tool of Institutional Real Estate, Inc., KPERS has grown significantly throughout previous years but has recently decreased its real estate allocation target. The system maintained a 15 percent real estate allocation target through most of 2025, with real estate assets totaling $2.7 b
