Michigan Treasury approves $470m in commitments

The US public pension has backed North America- and Western Europe-focused funds.

15 September 2017

Michigan Department of Treasury has approved a $440 million commitment to Lakewater III and $30 million to ASF VII Infrastructure.

The $62 billion US public pension has a 3 percent allocation to infrastructure that currently stands at 0.3 percent.

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

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