# Iowa Public Employees' Retirement System

Iowa Public Employees' Retirement System is a Pension Fund based in Des Moines, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Des Moines, United States
- **Region:** North America
- **Address:** 7401 Register Drive, P.O. Box 9117, Des Moines, IA 50306-9117, United States
- **Founded:** 1953
- **Assets under management:** 45270 (Altss estimate)
- **Website:** ipers.org
- **LinkedIn:** https://www.linkedin.com/company/ipers

## Regulatory record

- **Reports private funds:** No

## About

Iowa Public Employees' Retirement System (IPERS) was established in 1953. It is the largest public retirement system in Iowa and administers a cost-efficient defined benefit pension plan. IPERS aims to attract and retain a quality workforce by serving approximately one in ten Iowans with secure lifetime pension benefits for teachers, city, county, and state employees.

## Sectors

- Diversified

## People

- Gregory Samorajski — Chief Executive Officer
- Sriram Lakshminarayanan — Chief Investment Officer
- Bill Bemis — Chair of the IPERS Investment Board

## Questions

### Who runs investment decisions at Iowa Public Employees' Retirement System?

Sriram Lakshminarayanan serves as Chief Investment Officer. The Investment Board chaired by Bill Bemis sets asset allocation policy.

### How does Iowa Public Employees' Retirement System source proprietary deal flow?

IPERS commits to funds and separate accounts through established managers including Pathway Capital Management, Brookfield, and Stonepeak rather than originating direct deals.

### Does Iowa Public Employees' Retirement System participate in fund commitments or only direct deals?

The system uses both fund commitments and separate account mandates. Private equity exposure runs through Pathway Private Equity Fund XXV and similar vehicles.

### What investment stages does Iowa Public Employees' Retirement System typically target?

IPERS targets a diversified mix across public equities, core and core-plus real estate, infrastructure, timberland, farmland, and private equity buyout and growth strategies.

### What is Iowa Public Employees' Retirement System's known posture on co-investments alongside external GPs?

IPERS endorses the ILPA Private Equity Principles and participates in co-investment opportunities within its private equity and real assets programs.

## Related profiles

- [ATB Investment Management](https://altss.com/profile/atb-investment-management)
- [TA Associates Profit Sharing Plan](https://altss.com/profile/ta-associates-profit-sharing-plan)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/iowa-public-employees-retirement-system

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