Institution: Missouri Local Government Employees’ Retirement System
Headquarters: Jefferson City, US
AUM: $8.1 billion
Allocation to alternatives: 51.6%
Missouri Local Government Employees’ Retirement System backed an opportunistic Asia-Pacific fund managed by BentallGreenOak at its October 2020 investment committee meeting, a contact at the pension informed PERE.
The pension committed $75 million to GreenOak Asia III, which invests in a variety of sectors across Asia-Pacific.
As illustrated below, Missouri LAGERS has a strong appetite for real estate funds which target opportunistic returns across North America and Europe.
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