The Los Angeles County Employees Retirement Association (LACERA) unanimously has approved a $600 million commitment to the Macquarie Global Infrastructure Fund, according to a recent investment document.
Macquarie Global Infrastructure Fund is an open-ended fund with a global core infrastructure strategy in energy/renewables, utilities, telecom and transportation. The vehicle has a geographic focus predominantly in North America, Europe and Asia Pacific.
LACERA also said it approved a $50 million co-investment commitment to DIF VI and CIF III, as well as a $46 million co-investment commitment to Partners Group Direct Infrastructure 2020 in February.
