The New Mexico State Investment Council has approved a $100 million commitment to the KKR Diversified Core Infrastructure Fund (DCIF), according to a recent meeting document.
DCIF is an open-ended commingled core infrastructure fund sponsored by KKR. It is the firm’s first open-ended infrastructure fund that seeks to pursue core infrastructure investments with a buy-and-hold approach.
The fund has a particular focus on investments in contracted and/or regulated cash flows from existing projects, assets and businesses located in the OECD countries of North America, Western Europe and developed