Kansas PERS has approved a $50m commitment to AEW Senior Housing Investors IV. :
The $19.3bn (€17.2bn) Kansas Public Employees Retirement System (PERS) has become one of the first investors to back a new AEW Capital Management senior housing fund. The funds typically invest in existing assets and development projects and favour those that include a combination of independent/assisted living and memory care. The pension fund has another $55m it could allocate to other non-core funds this year a per its 2019 pacing schedule.