The Kansas Public Employees Retirement (KPERS) system has committed up to $285 million to real estate funds on March 28, 2025, according to a spokesperson.
The Lyme Forest Fund VI, a timber fund managed by Lyme Timber Company, received up to $210 million. The fund targets impact investments regarding land, air, biodiversity and ecosystems in the United States.
LaSalle Property Fund, managed by LaSalle Investment Management, received up to $75 million. This fund is an open-end, core fund that focuses on diversified properties in North America.
KPERS is a public pension fund that had $27.3 billion in total assets under management, as of June 30, 2024. As of then, it had a 15 percent real estate allocation target with $2.7 billion in total real estate assets.
