The Los Angeles (Calif.) County Employees Retirement Association (LACERA) has approved a commitment of as much as $200 million to Partners Group Direct Infrastructure 2020, according to a recent investment document.
The real-assets fund has a focus in renewable power, energy infrastructure, communication, transportation, social infrastructure, and water management, primarily in North America and Europe.
The vehicle has a $5 billion fundraising target and is on track to become Partners Group’s largest fund.
