Chicago Policemen’s Fund in $25m commitment

The US public pension has backed a Multi Regional focused fund.

Institution: Chicago Policemen’s Annuity & Benefits Fund
Headquarters: Chicago, United States
AUM: $2.60bn
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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