CTPF approves $25m commitment

The US public pension has backed Macquarie's fifth series North America-focused infrastructure fund.

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Institution: Chicago Teachers’ Pension Fund
Headquarters: Chicago, United States
AUM: $10.70bn
Allocation to alternatives: 12.20%
Bitesize: $10-50m

Chicago Teachers’ Pension Fund has agreed to commit $25 million to Macquarie Infrastructure Partners V, a contact at the pension informed Infrastructure Investor.

The $10.70 billion US public pension has a 2.0 percent actual and target allocation to infrastructure.

As illustrated below, the pension fund has made four commitments to infrastructure funds with vintage years of between 2015 and 2020, which combined constitute $100 million.

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