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Public School Retirement System of Missouri
The Public School Retirement System of Missouri (PSRS) runs a Defined Benefit pension plan. The plan pays lifetime retirement, disability and survivor benefits...
Public School Retirement System of Missouri
The Public School Retirement System of Missouri (PSRS) runs a Defined Benefit pension plan. The plan pays lifetime retirement, disability and survivor benefits to qualified Missouri public school teachers. PSRS forms part of the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) and aims to ensure a financially secure retirement for members.
General information
Firm type
Pension Fund
Year founded
1946
AUM
$58 billion (Altss estimate)
Location
Region
North America
Country
United States
City
Jefferson City
Corporate office
Jefferson City, MO, United States
Principals
Dearld Snider
Executive Director
Craig Husting
Chief Investment Officer
Beth Knes
Board Chair
Dr. Eric Park
Vice Chair
Sector focus
Frequently asked questions
Who runs investment decisions at PSRS?
Chief Investment Officer Craig Husting has led the investment portfolio since 1999, reporting to Executive Director Dearld Snider. The governor-appointed board of trustees, chaired by Beth Knes, governs the plan and sets policy but does not manage investment decisions directly.
How does PSRS source its private-market deal flow?
The system invests primarily through institutional fund commitments to established general partners, supplemented by select direct co-investments and real estate holdings. Board materials show relationships with large-scale managers including Blackstone, Bain Capital, and Lone Star across multiple fund vintages.
What investment stages does PSRS target in private markets?
The plan allocates across the full corporate lifecycle, from early-stage seed and start-up venture to expansion, growth equity, buyout, and distressed debt. The portfolio also includes mezzanine, special situations, and secondaries exposure alongside natural resources investments.
Does PSRS participate in fund commitments or only direct deals?
PSRS primarily deploys capital through fund-of-funds and direct fund commitments to external managers. The investment record shows direct real estate holdings and select co-investments alongside major partners, but the core model is institutional fund participation.
How is PSRS related to PEERS and MEPT?
PSRS and the Public Education Employee Retirement System of Missouri (PEERS) operate under a single administrative and investment office, sharing staff, board oversight, and headquarters in Jefferson City. All assets for both systems are held through the Missouri Education Pension Trust (MEPT).
Profile maintained by Altss 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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