The Kansas Public Employees Retirement System (KPERS) recently approved a $95 million follow-on commitment to the open-ended IFM Global Infrastructure (U.S.) fund, managed by IFM Investors.
This follows previous commitments made to IFM Global Infrastructure (U.S.) in 2015 and 2018.
As of April, fund had raised more than $12 billion of capital, according to a filing with the SEC.
Infrastructure is included in KPERS’ real assets class, with a long-term target allocation of 5 percent as of Jan. 1.
