MOLAGERS in $75m commitment

The US public pension has backed a shipping-focused fund.

Missouri Local Government Employees’ Retirement System has approved a $75 million commitment to Sole Shipping Special Opportunities Fund II.

The $7 billion US public pension has a 21 percent target allocation to real assets/real return that currently stands at 23 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.