Missouri Local Government Employees Retirement System, Jefferson City, committed $75 million to Sole Shipping Special Opportunities Fund III.
It is the $8.1 billion pension fund's second commitment to an infrastructure fund managed by Sole Shipping, said Brian K. Collett, chief investment officer, in an email.
LAGERS previously committed $75 million to Sole Shipping Special Opportunities Fund II in 2018.
The pension fund's actual allocation to real assets as of June 30 was 32.5%. The target is 36%.
