SEARCHES AND HIRES

Missouri Local Government Employees slates $55 million for real estate, buyout funds

Missouri Local Government Employees Retirement System, Jefferson City, made two new commitments totaling $55 million, said Brian Collett, chief investment officer, in a news release.

The $6.5 billion pension fund committed $30 million to Crow Holdings Realty Partners VIII, a real estate fund managed by Crow Holdings Capital Partners. The pension fund previously committed $25 million to Crow Holdings Retail Fund II in 2016.

Also, the pension fund committed $25 million to L Catterton Latin America II, a buyout fund. The pension fund previously committed to L Catterton Partners VIII in 2016.

The pension fund also made a follow-on commitment of €25 million ($26.9 million) to Europa Fund V, an international opportunistic real estate fund managed by Europa Capital. The pension fund originally committed €50 million in 2016.