The California Public Employees’ Retirement System (CalPERS) has reviewed its $500 million commitment to infrastructure from January in its quarterly investment commitment report.
Coastal Oak Infrastructure Partners received $500 million on March 25. This fund is a closed-end fund that invests in infrastructure in the United States. A fundraising goal has not been determined.
As of Aug. 31, the public pension fund had $21.1 billion in total infrastructure assets with $572.1 billion in total assets under management.