Institution: California State Teachers’ Retirement System
Headquarters: Sacramento, United States
AUM: $242.8 billion
Allocation to alternatives: 26.54%
California State Teachers’ Retirement System has committed $150 million to GI Data Infrastructure Fund, according to its September 2020 investment committee meeting documents.
The $242.8 billion US public pension has a 3 percent target allocation to infrastructure that currently stands at 1.6 percent.
As illustrated below, CalSTRS’ recent infrastructure commitments have been mainly to North American-focused funds in the energy sector. The pension devotes 26.54 percent of its full investment portfolio to alternative assets.
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