Los Angeles County Employees Retirement Association (LACERA) has approved a €100 million ($118 million) commitment to Antin Mid Cap Fund I, a private real assets fund managed by Antin Infrastructure Partners.
Antin Mid Cap Fund I will target investments in the telecommunications, energy, transport and social infrastructure sectors, according to a recent investment report. The fund will focus on mid-market opportunistic infrastructure investments, mainly in Western Europe, with some exposure in the United States and Canada.
Antin Infrastructure opened the fund to investors in March but did not disclose a fundraising target.
Fubon Life Insurance has also invested €100 million ($118 million) in the fund.