The Alaska Retirement Management Board has committed $75 million each to Brookfield Global Infrastructure Securities and Lazard Global Listed Infrastructure Fund. Stephen Sikes, investment officer with ARMB, has confirmed the commitments.
Callan Associates selected the managers after conducting an infrastructure manager search on behalf of the board. This is the first mandate ARMB has awarded to either manager.
Brookfield Global Infrastructure Securities, managed by Brookfield Investment Management, invests in publicly traded infrastructure securities in developed countries across the four main infrastructure property sectors: transportation, energy, telecommunications and water.
Lazard Global Listed Infrastructure Fund, managed by