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IPRS commits $15m to Basalt infrastructure co-investment fund
Investors - MARCH 4, 2025

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IPRS commits $15m to Basalt infrastructure co-investment fund

by Elise Mackanych

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.

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