The UK-based pension, which made its first infra equity commitment last month, is specifically looking to invest in open-ended funds.
The biggest fund raised in Q1 is dedicated to the sector. And of the top five vehicles closed, only one is a generalist.
Just shy of $24bn was raised by 13 funds in the first quarter of the year, with specialised strategies accounting for 38% of the number of vehicles closed.
Jim Barry, who previously helmed the unit in addition to being global CIO at BlackRock Alternative Investors, will now focus on the latter role.
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The French manager has already deployed circa €1bn from its latest core fund across transportation, digital and social infra in France, Spain and Portugal.
The plan, if it goes ahead, should push PE firms to cater to growing demand for sustainably-run organisations and projects, argues Apex Group's Elaine Chim.
The world's largest infrastructure manager has hired two executives for the New York-based team and intends eventually to raise third-party capital.
Sophisticated LPs have been aligning themselves with sector-specialist GPs in recent years, and this pair's $500m partnership is a milestone deal.

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