SCERS approves $15m commitment

The US public pension has backed a multi-regional focused fund.

Institution: Seattle City Employees Retirement System
Headquarters: Seattle, United States
AUM: $2.90bn
Allocation to alternatives: 20.6%
Bitesize: $10-50m

Seattle City Employees Retirement System has announced a commitment of $15 million to Global Infrastructure Partners IV.

The $2.90 billion US public pension has a 3.0 percent target allocation to infrastructure that currently stands at 0.9 percent. As illustrated in the charts below, this is the first commitment the pension has made to an infrastructure fund in Q2 of 2019.

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