Clwyd Pension approves four commitments

The UK public pension has backed unlisted equity funds.

Clwyd Pension Fund has approved recommendation to commit $10 million to InfraRed Infrastructure Fund V, 10 million each to HarbourVest Real Assets Fund III and Partners Group Direct Infrastructure Fund 2015 and GBP8 million to Hermes Infrastructure Fund II.

The GBP2 billion UK public pension has a 7 percent actual and target allocation to infrastructure.

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