ACCESS LGPS Pool, which is made up of 11 Local Government Pension Scheme (LGPS) Administering Authorities in the United Kingdom, has confirmed the use of two infrastructure fund vehicles managed by IFM Investors and J.P. Morgan.
The move brings approximately £1.5 billion ($1.9 billion) of infrastructure funds into ACCESS Pool alignment and marks the second phase of the private market offering for ACCESS Pool Administering Authorities.
The IFM Global Infrastructure Fund makes investments in core-plus and value-add infrastructure opportunities, with a focus on acquiring positions in large assets, particularly emphasizing the sectors of transportation, social infrastructure, energy and telecommunications.
The J.P. Morgan Infrastructure Strategy invests in core and core-plus opportunities divided among three subsectors: regulated utilities, GDP-sensitive assets, and contracted power and energy assets.
“We are delighted to confirm the use of both the IFM an