The Iowa Public Employees’ Retirement System (IPERS) plans allocations to private equity, private credit, private real assets, and liquid absolute return strategies next year in a bid to diversify with more than $2.4 billion in new commitments.
Earlier this month, trustees approved its first internally managed investment program and new liquid absolute return managers via the Chicago-based Galaxy Plus platform, which at roughly $850 million and under new ownership is rapidly expanding.
The five strategies selected . . .
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