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At the October event, the team will discuss their vision for the PAAMCO Launchpad platform, which was designed to identify, fund and inspire the next generation of top hedge fund talent. PAAMCO Launchpad and Texas ERS invite interested managers to email ERS@paamcolaunchpad.com to indicate their interest in participating in this event. PAAMCO Launchpad and Texas ERS will together invite approximately 40 managers to participate in the event. Each invitee will be given 30 minutes to present their strategy and business to senior executives from Texas ERS and PAAMCO Launchpad.

"We are excited to share our vision regarding this new platform with the investment community," said Texas ERS Deputy CIO Sharmila Kassam. "ERS believes PAAMCO Launchpad is an innovative solution for supporting investment professionals considering their critical next career step toward their goals of becoming the newest and best emerging managers."

Scott C. Nuttall, Co-President and Co-Chief Operating Officer of KKR and a member of the Board of Managers of PAAMCO Prisma Holdings, said, "The PAAMCO Launchpad partnership with Texas ERS is an important component of PAAMCO's hedge fund business and their effort to provide institutional investors with alpha-generating solutions based on a transparent alignment of interests and an opportune value proposition."

"We look forward to executing on our larger vision for PAAMCO Launchpad, along with Texas ERS as our initial partner and with the full support of KKR," said Andrew Gitlin, CEO of PAAMCO Launchpad. "We believe the PAAMCO Launchpad platform will help evolve the hedge fund industry and will showcase the important role emerging managers play in institutional portfolios. Our inaugural emerging manager event with Texas ERS and KKR is an important part of this effort."