The Illinois Police Officers’ Pension Investment Fund (IPOPIF) is conducting the request for proposals (RFP) process for $250 million to $450 million of private infrastructure exposure, according to official materials.
The public pension fund aims to develop a relationship with a firm that will build a diversified infrastructure portfolio, with exposure to sectors including transportation, energy, communication/digital and utilities. IPOPIF has listed search preferences included a broad exposure to value-added infrastructure assets, core exposure to direct infrastructure investments and flexibility to incorporate secondaries, primary fund investments and co-investments, with at least $10 billion in assets under management, among other criteria.
The pension fund plans to allocate 3 percent of its $15.2 billion in total assets under management to infrastructure.
Read the full RFP
