FRS Trust Fund approves $200m commitment

The US public pension has backed an infrastructure debt fund.

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Institution: Florida Retirement System Trust Fund
Headquarters: Tallahassee, US
AUM: $210.30 billion
Allocation to alternatives: 17.20%

Florida Retirement System Trust Fund has agreed to commit $200 million to EIG Global Project Fund V (GPF V), a contact at the pension informed Infrastructure Investor.

The $210.30 billion US public pension has a 0.50 percent allocation to infrastructure.

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

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