Institution: South Carolina Retirement System
Headquarters: Columbia, United States
Allocation to alternatives: 20.40%
South Carolina Retirement System has agreed to commit $75 million to Actis Long Life Infrastructure Fund, according to the pension’s latest meeting materials. South Carolina’s previous infrastructure commitment was $200 million to Brookfield Super-Core Infrastructure Partners Fund in February 2019.
The $31.32 billion US public pension has a 0.30 percent target and current allocation to infrastructure.
As illustrated below, South Carolina has made four private equity commitments to infrastructure funds with a 2018 vintage, which combined constitute $539 million.
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