Institution: Chicago Policemen’s Annuity & Benefits Fund
Headquarters: Chicago, United States
Allocation to alternatives: 13.22%
The Chicago Policemen’s Annuity & Benefits Fund board has agreed in closed session to commit $25 million to Global Infrastructure Partners IV Fund, Aoifinn Devitt, Chief Investment Officer, confirmed in an email. The unlisted fund is managed by Global Infrastructure Partners.
The $2.60 billion US public pension has a 4 percent target allocation to private infrastructure that currently stands at 0.89 percent.
As illustrated in the charts below, CPABF has made one commitment focused on private infrastructure in 2018.
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