EQT Infrastructure Fund V, a fund managed by EQT Infrastructure, has added another U.S. pension fund to its growing investor list.
The New York State Common Retirement Fund (NYSCRF) closed a commitment of $300 million to the fund on Jan. 22, according to a recent transaction report.
EQT Infrastructure V opened to investors in June with a fundraising target of €12.5 billion ($14.7 billion) and a hard cap of €15 billion ($17.7 billion). The vehicle will invest in infrastructure and infrastructure-like assets, targeting five main sectors in Europe, North America and Asia Pacific: telecommunications, energy, transport and logistics, environmental infrastructure, and social infrastructure.
The fund’s predecessor, Fund IV, primarily pursued investment opportunities in Europe and North America, as well as opportunistic investments in Asia Pacific. Fund IV close
