Missouri Local Government Employees Retirement System has committed US$100 million to Global Infrastructure Partners III (GIP III).

Additionally, it has committed U$75 million to Fireside Real Estate Partners III and US$50 million to Garrison Middle Market Funding II.

In February,we reported that Global Infrastructure Partners had reached first close for its GIP III with a total of US$7.717 billionin commitments.At that time Maine Public Employees Retirement System (MainePERS)committed US$150 million to GIP III.

In 2016, Virginia Retirement System Richmond allocated $200 million to GIP III.Prior to that, in December 2015, Oregon Investment Council announced a $400 million investment in the fund, and one month before, we published that Washington State Investment Board had plans to invest about US$1 billion in the fund.

GIP focuses on larger scale investments in assets that provide essential services, have high barriers to entry, and offer significant governance positions. GIP targets opportunities in OECD countries and high quality assets with the potential for attractive risk-adjusted returns in selected non-OECD countries.