The Iowa Public Employees’ Retirement System (IPERS) has plans to make $400 million in private real asset investments in 2023.
IPERS’ infrastructure investments, part of the real assets allocation, are diversified geographically and range across the transportation, energy and utility sectors, according to a recent board-meeting document. Private real assets provide diversification, income and an inflation hedge to the portfolio.
In September, IPERS’ investment board increased the private real assets allocation from 8.5 percent to 9.5 percent. IPERS continue to add mandates to meet the allocations to private markets.
“IPERS is proud to achieve continued growth and maintain our position as one of the best-funded public pension plans in the country,” said Greg Samorajski, CEO of IPERS. “Even as we continue to navigate challenging investment markets, IPERS’ board and staff are committed to implementing revenue-generating strategies intended to ensure t
