The New York State Common Retirement Fund (NYSCRF) has backed two funds managed by New York City–based infrastructure firm Stonepeak Partners.
NYSCRF committed $250 million each to the closed-end Stonepeak Infrastructure Fund IV (SIF IV) and Stonepeak Global Renewables Fund, according to an investment report for June.
NYSCRF joins a number of other U.S. pension funds that have backed SIF IV, which is reportedly in the process of holding a second close on more than $8 billion in capital commitments. Stonepeak could not be reached to comment on the fundraising status at the time of publication.
NYSCRF joins at least 10 other pension funds that have committed to Stonepeak’s latest fund, including the Teacher Retirement System of Texas, the Employees R
