Church Pension Fund approves $40m commitment

The US public pension has backed a European infrastructure debt fund.

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Institution: The Church Pension Group
Headquarters: New York, United States
AUM: $13.3bn
Allocation to alternatives: 27.2%

The Church Pension Group announced a commitment of $40 million to New Energy Capital Infrastructure Credit Fund II, which is managed by New Energy Capital.

As illustrated in the charts below, the $13.30 billion US public pension has a 2.8 percent current allocation to infrastructure. This is the pension’s first infrastructure fund commitment in 2019.

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