The Kentucky County Employees Retirement System and Kentucky Retirement Systems both approved add-on commitments to private credit in their March meetings.
The $16.1 billion County Employees Retirement System (CERS) Board of Trustees voted on May 9, 2023, to increase the assumed rate of return for its investment portfolios to 6.50% from 6.25%. The move was supported by Kentucky Public Pensions Authority Investment staff, investment consultant Wilshire Associates and the systems’ actuary, GRS . . .
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