The $18.8 billion Kansas Public Employees Retirement System has committed $50 million each to IFM Global Infrastructure Fund and JPMorgan Infrastructure Investments Fund, according to Kristen Basso, communications officer for the pension fund.
The first fund, IFM Global Infrastructure Fund, is managed by IFM Investors, an Australian-based fund manager. The open-ended infrastructure fund targets core-like infrastructure assets globally, though it specifically focuses on developed markets around the world such as Australia, Europe and the United States.
The investment in the IFM fund is an add-on to a previous $100 million investment made in 2015.
The second fund, JPMorgan Infrastructure Investments Fund, is managed by J.P. Morgan Asset Management. It is an open-ended fund that invests in infrastructure assets globally, particularly regulated utilities, contracted power and transport infrastructure. KPERS’s investment to the J.P. Morgan fund is an add-on to a current $100 million investment, as well, which was allocated in 2016.
