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Arizona Public Safety allocates $371 million, names new retirement administrator
trueArizona Public Safety Personnel Retirement System made five new commitments and investments totaling up to $371 million.
Major deals hinting at rise of infrastructure in U.S.
trueInvestment professionals believe infrastructure deals in the U.S. could finally be gaining ground after years of fits and starts, pushed along by stressed and distressed infrastructure assets coming to market.
San Diego City combines private equity, infrastructure allocations with 10% return target
trueSan Diego City Employees’ Retirement System is revising its investment policy statement to treat private equity and infrastructure as a single asset class with a target allocation of 13%, an action summary for the $6.9 billion pension fund administrative board shows.
New Mexico Educational board sets $50 million for infrastructure
trueNew Mexico Educational Retirement Board, Santa Fe, committed $50 million to Stonepeak Infrastructure Fund II, managed by Stonepeak Infrastructure Partners.
U.K.'s Pensions Infrastructure Platform signs investment director
trueEd Wilson joined the Pensions Infrastructure Platform as investment director.
Milwaukee County Retirement System considers lowering bonds, raising equities
trueMilwaukee County Employees’ Retirement System, Milwaukee, is conducting an asset allocation study that is considering reducing fixed income, while increasing equities and real estate.
British Columbia Investment Management return surpasses benchmark for year
trueBritish Columbia Investment Management Corp., Victoria, returned 14.2% on its investments net of costs for the year ended March 31, beating the 12.6% custom benchmark, it announced in a statement Thursday.
Caisse opens unit for provincial infrastructure projects
trueCaisse de Depot et Placement du Quebec, Montreal, on Thursday launched a subsidiary to implement an agreement reached earlier this year with Quebec’s government to develop and manage provincial infrastructure assets.
KKR closes second global infrastructure fund at $3.1 billion hard cap
trueKKR & Co. announced Wednesday the final close of KKR Global Infrastructure Investors II at $3.1 billion, hitting its hard cap.
Washington State Investment Board sets $500 million for timber, infrastructure
trueWashington State Investment Board hired Twin Creeks Timber to manage $300 million in timberland and committed $200 million to ISQ Cube Hydro Co-Investment Fund.
EIG Global Energy Partners names U.S. oil and gas direct lending chief
trueRob Johnson joined energy infrastructure firm EIG Global Energy Partners as managing director and U.S. head of oil and gas direct lending.
Australia leads with number of infrastructure investors
trueAustralia has the highest number of investors among the world's 100 largest institutional investors in infrastructure.
CalSTRS seeking independent real estate fiduciaries
trueCalSTRS is searching for independent real estate fiduciaries to evaluate commingled funds, joint ventures, real estate investment trusts, debt structures, international investments, land investments and investments in infrastructure.
White House announces $4 billion committed to clean-energy investments
trueThe Obama administration on Tuesday announced $4 billion in commitments from the private sector, including more than $1 billion from institutional investors for clean-energy investments.
CPP board taking a bold step in GE transaction
trueCanada Pension Plan Investment Board's latest deal shows it won't just partner with private equity firms, it will go head-to-head with them for deals — and win.