Missouri Local Government Employees Retirement System, Jefferson City, made three new commitments totaling $128 million, said Brian Collett, chief investment officer, in an e-mail.
The $6.3 billion pension fund committed 611 million Swedish kronor ($71 million) to FSN Capital V, a Nordic region buyout fund, and $32 million to Riverside Micro-Cap Fund IV, a buyout fund managed by Riverside Co. Both commitments are the first-time commitments for the pension fund to those managers.
The pension fund also committed $25 million to Crow Holdings Retail Fund II, a value-added real estate fund managed by Crow Holdings Capital Partners. The pension fund previously committed $25 million to Crow Holdings Retail Fund.
Separately, the pension fund added $75 million to its portable alpha investment in Bridgewater Associates’ Pure Alpha strategy. The pension fund originally invested $100 million in September 2015.