Institution: Iowa Public Employees’ Retirement System
Headquarters: Des Moines, United States
AUM: $34.98 billion
Allocation to alternatives: 24.46%
Iowa Public Employees’ Retirement System has agreed to commit $300 million to Brookfield’s Super-Core open-ended vehicle, according to the pension’s June 2020 investment meeting minutes.
The fund provides infrastructure exposure through cashflow-resilient structures and a conservative financing strategy with a focus on utility, energy, power and transportation sectors across developed markets.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.