VRS commits $60m

The US public pension has backed a North America-focused fund.

-

Virginia Retirement System has approved $60 million commitment to Stonepeak Infrastucture Fund III.

The $75 billion US public pension has a 2.5 percent target allocation to infrastructure that currently stands at 1.55 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.