Maryland State Retirement and Pension System agrees $100m commitment

The US public pension has backed two infrastructure vehicles managed by The Energy & Minerals Group.

Institution: Maryland State Retirement and Pension System
Headquarters: Baltimore, United States
AUM: $52.71bn
Allocation to alternatives: 35.70%
Bitesize: $50-100m

Maryland State Retirement and Pension System has approved $100 million in commitments to two infrastructure funds, a contact at the pension informed Infrastructure Investor. The commitments comprise of $75 million to Energy & Mineral Group Fund V and $25 million to its co-investment vehicle Energy & Mineral Group Fund V Accordion.

The $52.71 billion US public pension has a 4.0 percent target allocation to infrastructure that currently stands at 3.60 percent.

As illustrated in the charts below, Maryland State Retirement tends to commit to infrastructure funds with a focus on energy investments.

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