LP Radar – September 2016

See the latest infrastructure LP updates, including allocation changes and people moves.

30 September

University of Vermont’s investment subcommittee has approved a $5 million commitment to Denham Oil and Gas Fund, an energy infrastructure fund.

 

29 September

Japan Post Insurance (Kampo Life) has established an alternative investment division to explore the global investment opportunities of private equity, real estate, infrastructure and hedge fund investments.

 

28 September

New Mexico Educational Retirement Board has committed $30 million to Bluescape Energy Recapitalization and Restructuring Fund III.


27 September  

Royal County of Berkshire Pension Fund revealed in its annual report that it is increasing allocation to infrastructure debt, for example, UK middle-market and new emerging market infrastructure investments. 


26 September

Canada Pension Plan Investment Board (CPPIB) has signed a Memorandum of Understanding with National Development and Reform Commission of China to offer expertise to address the ageing population problems in China. CPPIB expressed it values the benefits of information sharing with the policy-maker in growth markets.


23 September

School Employees' Retirement System of Ohio has made a $50 million commitment to AMP Capital Global Infrastructure Fund.

 

22 September

South Carolina Retirement System appointed Geoffrey Berg as its Chief Investment Officer. 

 

21 September  

Kentucky Retirement Systems’ board has committed a total of $100 million to Kayne Anderson Energy Fund VII on behalf of its pension and insurance funds.

 

16 September

In Q2 2016, Michigan Department of Treasury made a commitment of $50 million to Orion Mine Finance II.

 

14 September

IFM Investors has appointed Joe Tremblay and Dan Kim as Business Development Directors in North America. They join the Australian fund manager’s LP-focused team in North America following the appointment of a Global Head of IR in June.

 

13 September

Canada Pension Plan Investment Board (CPPIB) has appointed Graeme Eadie Senior Managing Director & Global Head of Real Assets. He will manage real estate, infrastructure and agriculture investments.

 

12 September

Caisse de depot et placement du Quebec (CDPQ), Kuwait Investment Authority and State General Reserve Fund (SGRF) of the Sultanate of Oman have committed to the investment platform, jointly created by Tata Power and ICICI Venture, to target power projects in India.


9 September

Lakeland Retirement System has committed $25 million to Tortoise Direct Opportunities Fund.

 

8 September

Eurofer pension fund has committed €25 million to Macquarie European Infrastructure Fund 5.

 

7 September

Strathclyde Pension Fund has approved a follow-on commitment of GBP30 million to Green Investment Bank's Offshore Wind Fund.

 

5 September

QIC told PEI that it is planning to invest in two to three unlisted infrastructure funds and considering private infrastructure debt investment. However, it expressed that listed infrastructure equity is not their appetite.

 

2 September

New Mexico Educational Retirement Board has committed $100 million to a fund of one Caledon Infrastructure Co-Investment Fund II.

 

1 September 

Contra Costa County Employees' Retirement Association(CCCERA) is searching for a private markets advisor to work with internal staff in managing CCCERA’s existing private asset program.

 

To view last month's LP Radar, click here.