Pension Fund

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Missouri State Employees' Retirement System

The Missouri State Employees' Retirement System was established September 1, 1957, under state statutes to deliver retirement, disability and survivor...

Missouri State Employees' Retirement System logo

Missouri State Employees' Retirement System

The Missouri State Employees' Retirement System was established September 1, 1957, under state statutes to deliver retirement, disability and survivor benefits. It functions as a statewide public pension fund with no single family wealth origin. Governance rests with a Board of Trustees that includes the Missouri State Treasurer as an ex-officio member. MOSERS targets a 15 percent allocation to private equity and maintains exposure to real estate, private credit, commodities and alternative beta strategies. Confirmed holdings include positions in Harrison Street Real Estate Core Property Fund, Partners Group Direct Equity IV, Altas Partners Holdings III, Vista Equity Partners VIII and Brevan Howard Alpha Strategies Fund. The portfolio spans North America, Asia and global markets through limited partnership commitments and separate accounts. Geographic reach includes United States timberland and energy assets alongside international private equity funds. The organization employs 114 professionals at its Jefferson City headquarters. It retains BNY Mellon as master custodian, Verus Advisory as investment consultant and Eide Bailly as external auditor. In January 2024 the fund participated as a speaker at the MFA Network Miami conference covering alternative investments and private credit. MOSERS participates in professional networks including the National Association of State Retirement Administrators and the Missouri Association of Public Employee Retirement Systems. These memberships support peer coordination on fiduciary standards and plan design without altering its statutory mandate as a single public plan.

General information

Firm type

Pension Fund

Year founded

1957

Location

Region

North America

Country

United States

City

Jefferson City

Corporate office

907 Wildwood Dr., Jefferson City, MO, United States

Principals

Abby Spieler

Executive Director

TJ Carlson

Chief Investment Officer

Crystal Wessing

Chair of the Board of Trustees

Sector focus

DiversifiedReal EstatePrivate EquityHedge FundsInfrastructure

Frequently asked questions

Who runs investment decisions at Missouri State Employees' Retirement System?

TJ Carlson serves as Chief Investment Officer. The Board of Trustees, chaired by Crystal Wessing, sets policy with input from external consultants including Verus Advisory.

Does Missouri State Employees' Retirement System participate in fund commitments or only direct deals?

The fund invests primarily through limited partnership commitments to external managers. Holdings include Blackstone Real Estate Partners series, Oaktree Real Estate Income Fund and multiple private equity secondaries vehicles.

What asset classes receive the largest allocations at Missouri State Employees' Retirement System?

Public equities form the core benchmarked to MSCI ACWI. Private equity targets 15 percent. Additional exposure exists in real estate, private credit, commodities and alternative beta strategies.

Which regions does Missouri State Employees' Retirement System cover in its private markets program?

Commitments span the United States, North America, Asia and global markets. Specific vehicles include Axiom Asia Private Capital funds and United States-focused real estate and energy partnerships.

How is Missouri State Employees' Retirement System related to the state government?

It operates as a statutory public pension plan under Missouri law. The State Treasurer serves as an ex-officio Board member and the fund provides benefits exclusively to state employees and retirees.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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