The Los Angeles Fire and Police Pensions (LAFPP) has committed a total of $200 million to infrastructure funds managed by Blackstone Infrastructure Partners and IFM Investors.
Blackstone Infrastructure Partners received $100 million for its open-ended strategy, which invests in energy, transportation, communications, and water and waste facilities across the globe.
The open-ended IFM Global Infrastructure Fund received $100 million for its target of core-plus and value-added investments in the transportation, social infrastructure, energy and telecommunications sectors. The Public Employees Retirement Association of New Mexico committed $100 million to the fund in late 2025.
LAFPP, a public pension fund, had $32.5 billion in total assets under management, as of Dec. 31, 2024. As of Nov. 20, 2025, the fund had a 2 percent infrastructure allocation target
