The $527 billion California Public Employees’ Retirement System (CalPERS) backed Macquarie Infrastructure Partners VI with a $500 million commitment in recent months, according to a meeting document.
Macquarie Infrastructure Partners VI is a core-plus infrastructure fund managed by Macquarie Asset Management. It was launched in 2022. PitchBook places the fund at $11.4 billion.
The previous fund in the series, Macquarie Infrastructure Partners V, closed with $6.9 billion in capital commitments in July 2021. That fund invests in high-quality infrastructure assets and is primarily focused on the transportation, communications, waste management, utilities and energy sectors.
CalPERS has a 15 percent allocation to real assets, which includes infrastructure.
