FRS Trust Fund approves $100m commitment

The US public pension has backed a North American infrastructure fund.

Institution: Florida Retirement System Trust Fund
Headquarters: Tallahassee, US
AUM: $207.80 billion
Allocation to alternatives: 27.10%

Florida Retirement System Trust Fund has agreed to commit $100 million to Grain Spectrum Holdings III, a contact at the pension informed Infrastructure Investor.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the renewables, transport, utilities and energy sectors within the Asia-Pacific, Europe and North America regions.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.