Cook tortellini according to directions on package. Drain and set aside.
Melt butter over medium heat in a heavy skillet. Saute bell pepper and broccoli until slightly tender. Add ham and garlic, saute until heated through. (I let the ham get a little crispy, which was delicious)
Combine broth, cornstarch, and pesto and add to skillet. Bring to boil and cook until thickened.
Add milk or cream, tortellini, peas, and half of the cheese. Toss well. Salt and pepper to taste.