Featured

SCRS approves $200m commitment

The US public pension has committed to Axium’s second North American infrastructure vehicle.

-

Institution: South Carolina Retirement System
Headquarters: Columbia, United States
AUM: $35.61 billion
Allocation to alternatives: 16.1%

South Carolina Retirement System has confirmed a $200 million commitment to Axium Infrastructure II, according to minutes from its April 2021 investment commission meeting. The fund is part of a collection of funds that are grouped together by Axium Infrastructure under its Axium Infrastructure North America (Open-ended) Funds series.

The fund will invest in unlisted equity in North America and focus on the energy, transport and social infrastructure sector.

The $35.61 billion US public pension has made six commitments to infrastructure vehicles totaling $875.2 million.