Institution: Employees Retirement System of Texas
Headquarters: Austin, United States
Allocation to alternatives: 24.47%
Employees Retirement System of Texas has agreed to commit $35 million to QIC Limited’s co-investment vehicle QGIF Sprint, a contact at the pension informed Infrastructure Investor.
The $28.67 billion US public pension has a 7.0 percent target allocation to infrastructure which currently stands at 2.68 percent.
As illustrated below, ERS Texas has made four commitments to infrastructure funds with a 2018 or 2019 vintage, which combined constitute $328.3 million.
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