Institution: Seattle City Employees Retirement System
Headquarters: Seattle, United States
Allocation to alternatives: 20.6%
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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