Institution: New York State Common Retirement Fund
Headquarters: Albany, US
AUM: $247.7 billion
Allocation to alternatives: 22.6%
Copenhagen Infrastructure Partners is currently in market with its fourth infrastructure fund, which is seeking €5.5 billion in LP capital.
As of September 2020, the vehicle had raised €4 billion in commitments despite only launching five months prior. The fund’s immediate predecessor held a final close in March 2018 at its €3.5 billion hard-cap.
NYSCRF has a 3.0 percent target allocation to infrastructure that currently stands at 1.6 percent.
As illustrated below, the $247.7 billion US pension fund’s recent infrastructure commitments have tended to target global unlisted equity vehicles.
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