MOLAGERS approves $165m in commitments

The US public pension has backed a fund of funds and a value added vehicle.

Missouri Local Government Employees’ Retirement System has re-upped to Blue Vista Capital Management, committing $105 million to the firm’s fifth real estate vehicle. The pension plan also earmarked $60 million to Portfolio Advisors Real Estate Fund VII.

The $7 billion US public pension allocates 17.7 percent of its total portfolio to private real assets.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.