Missouri Education Pension Trust, Jefferson City, made infrastructure and real estate commitments totaling $125 million, according to an investment presentation for the pension fund's Monday board of trustees meeting.
The $34.5 billion pension fund committed $75 million to Alterna Core Capital Assets Fund II, an infrastructure fund managed by Alterna Capital Partners, and $50 million to Heitman Value Partners III, a value-added real estate fund.
The Townsend Group assisted.
Phone calls to Craig Husting, chief investment officer, and Jennifer Martin, executive assistant-investments, were not returned by press time.
Effective July 1, the investment portfolios for the Public School Retirement System and Education Employee Retirement System were combined under one trust. Benefits are still paid from the individual retirement systems.
