Missouri Local Government Employees Retirement System (MOLAGERS) has announced several commitments to real estate funds in the quarter ending June 30.
MOLAGERS committed $83.2 million to Europa Fund VI, managed by Europa Capital. In September, Europa announced a €493 million ($545 million) first close for its sixth real estate investment vehicle, which has a final close target of €850 million ($940 million).
Launched in May, Fund VI is looking to invest primarily in the office and residential sectors in France, Germany and the United Kingdom.
MOLAGERS previously committed $38 million to Europa IV and $54 million to Europa V.
The pension fund also made a follow-on commitment of $75 million to the Fireside Real Estate Partner IV fund. The fund requires a minimum commitment of $5 million and has raised $300 million to date, according to an
