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Missouri Local Government Employees slates $40 million for buyout fund

Missouri Local Government Employees Retirement System, Jefferson City, committed $40 million to Brentwood Associates Private Equity VI, a buyout fund, said Brian Collett, chief investment officer, in a news release.

The $6.7 billion pension fund previously committed $30 million each to Brentwood Associates Private Equity V and Brentwood Associates Private Equity IV.

As of Dec. 31, the pension fund's private equity allocation was 7.2%.