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Chicago Policemen approves $50m commitment

The US public pension has backed a North America-focused fund.

Chicago Policemen's Annuity& Benefits Fund has approved a commitment of $50 million to Ullico Infrastructure Fund and increased target allocation to 4 percent.

The $2 billion US public pension has a 4 percent target allocation to infrastructure that stands currently at 1.5 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.