Chicago Teachers’ Pension Fund approves $10m commitment

The US public pension has backed a North American infrastructure fund.

Institution: Chicago Teachers’ Pension Fund
Headquarters: Chicago, United States
AUM: $10.60bn
Allocation to alternatives: 12.50%
Bitesize: $10-50m

Chicago Teachers’ Pension Fund has approved a commitment of $10 million to JLC Infrastructure Fund I, a contact at the pension informed Infrastructure Investor.

The $10.6 billion US public pension has a 2.0 percent target allocation to infrastructure that currently stands at 2.20 percent.

As illustrated in the charts below, the pension has made three commitments to infrastructure funds since 2015, which combined constitute $75 million.

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