Institution: District of Columbia Retirement Board
Headquarters: Washington, DC, US
AUM: $11 billion
Allocation to infrastructure: 0.9%
The fund, managed by BlackRock, has a target size of $7.5 billion and has currently raised commitments from two institutions. It has a global-based region focus.
DCRB currently allocates 0.9 percent of its investment portfolio to infrastructure, significantly lower that its target of 6 percent. Its recent fund commitments have been predominately focused within North American with varying strategies.
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