Minnesota SBI considers $150m infrastructure investment

The US pension fund is seeking to build a new real asset partnership with KKR.

Minnesota State Board of Investment (Minnesota SBI) is considering to invest $150 million in KKR Global Infrastructure III. If approved, this fund commitment will mark the debut partnership between KKR and SBI.

The final commitment decision is subject to the board approval and final negotiations between KKR and the SBI. The above commitment will be discussed at the next State Board of Investment meeting on March 1, 2018.

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