The City of Marlborough (Mass.) Contributory Retirement System has committed $12 million to the open-end IFM Global Infrastructure Fund, IREI had learned
Managed by IFM Investors, the IFM Global Infrastructure Fund will invest in the energy, social infrastructure, transport, and water and wastewater sectors.
City of Marlborough joins a slew of other U.S. pension investors, including the District of Columbia Retirement Board, Howard County (Md.) Retirement Plan, El Paso Firemen & Policemen’s Pension Fund, Oklahoma Firefighters Pension & Retirement System, Stanislaus County (Calif.) Employees’ Retirement System, and Fresno County (Calif.) Employees’ Retirement System.
The pension fund could not be reached to comment on its investment activity at the time of publication.