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Investors - JUNE 2, 2021

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New Mexico SIC allots $100m for KKR Diversified Core Infrastructure Fund

by Kali Persall

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

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