The Missouri Public School and Education Employee Retirement Systems...

The Missouri Public School and Education Employee Retirement Systems, Jefferson City, will likely increase its private equity and real estate allocations to 7.5% of assets each, from 5% each, said Steve Yoakum, executive director of the $30 billion plan. There is no timeframe in place for the increases, which will be made gradually, he said. Funding will likely come from fixed income, currently comprising 35% of assets. General consultant Russell Investment Group, private equity consultant Pathway and real estate consultant Townsend Group are assisting.