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MOLAGERS approves $43.5m commitment

The US public pension has backed a North America-focused fund.

Missouri Local Government Employees' Retirement System committed $43.5 million to Pamlico Capital IV during the last quarter.

The $6 billion US public pension has a 6.5 percent target allocation to private equity that currently stands at 6.8 percent.

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