INPRS commits to HIG infrastructure fund

INPRS has backed HIG Infrastructure Partners, which makes value-add investments into energy, telecoms and transport.

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Name: Indiana Public Retirement System
Headquarters: Indianapolis, US
AUM: $46.34 billion
Allocation to alternatives: 27%

Indiana Public Retirement System has approved an infrastructure commitment, according to materials from its February 2023 board meeting.

The Indianapolis-based pension system committed $150 million to HIG Infrastructure Partners, managed by HIG Capital. The 2021 vintage fund makes value-add investments into energy, telecoms and transport.

The Indiana PRS private markets portfolio is overseen by Verus Advisory, a Seattle-based investment consultancy.

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