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KRS Credited as A Top 10 Private Equity Investor

Monday, 07 08, 2013

Kentucky Retirement Systems
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The private equity program is headed by 20 year KRS veteran and Director of Alternative Assets, Brent Aldridge. Aldridge has been involved in the investment of the private equity program since its inception in 2003. "It’s humbling and a privilege to be acknowledged amongst our peers," Aldridge said. "Ultimately we are most proud of having been able to deliver strong returns for our beneficiaries."

The KRS private equity program is actively deploying capital into global capital markets. Recent measures taken by the KRS Investment Team to continue to improve the performance and the diversification parameters of the private equity portfolio include internationalization and furthered enhancement of liquidity models. "On top of manager selection, much of what we have focused on as an institution through our private equity investments is to incorporate the program into a framework that considers our entire portfolio," Aldridge added. "By doing this we hope to have the groundwork laid for another successful decade of investing."

KRS’ investment program is headed by Chief Investment Officer TJ Carlson. Carlson, since joining the KRS team in late 2010, has overseen tremendous progress in the private equity program and the rest of the portfolio as well. KRS has made a broad push into alternative assets during Carlson’s tenure, implementing previously uninvested absolute return and real return mandates and deploying additional capital into real estate markets. "We view alternative assets as a key ingredient in delivering the returns the solvency of public pension systems demand and providing the risk controls necessary in meeting those demands. Our Investment Committee’s forward thinking in this regard has enabled the success of our private equity program and sets us in the right direction to continue this trend through all of our investment programs," Carlson noted.

The data referenced by Pensions & Investments was compiled by the Private Equity Growth Capital Council, a Washington, D.C. based advocacy, communications and research organization and resource center established to develop, analyze and distribute information about the private equity and growth capital investment industry and its contributions to the national and global economy.

The information can be found at the following link: http://www.privateequityatwork.com/state-by-state/. The KRS Investment Committee is comprised of five members of the KRS Board of Trustees.