The Indiana Public Retirement System (IPRS) committed $15 million to Basalt Project Loop Co-Investment on Dec. 6, 2024, according to meeting materials.
Basalt Project Loop Co-Investment, a vehicle of London-based Basalt Infrastructure Partners, is a co-investment opportunity made alongside Basalt Infrastructure Partners IV. A fundraising goal has not been disclosed.
IPRS is a public pension fund with $51 billion in total assets under management, as of Dec. 31, 2023.