Institution: Missouri Local Government Employees’ Retirement System
Headquarters: Jefferson City, United States
Allocation to alternatives: 34.5%
Missouri Local Government Employees’ Retirement System has approved a commitment of $50 million to Healthcare Royalty Partners IV, a contact at the pension fund informed Private Debt Investor. The fourth series debt fund focuses on royalty financing of corporates in North America.
As illustrated in the charts below, this is the pension’s first private debt commitment to a fund with a 2018 vintage.
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