Ohio School Employees Retirement System (SERS) has approved a commitment of up to $100 million to KKR Diversified Core Infrastructure Fund (DCIF), a private infrastructure core strategy within the real assets portfolio.
DCIF is KKR’s first open-end infrastructure fund that seeks to pursue core infrastructure investments with a buy-and-hold approach. The fund opened to investors in late December 2020 and will pursue opportunities in North American, Western European and Asian markets.
Ohio SERS confirmed this investment will be funded from cash reserves.
Other investors in the fund include the New Mexico Public Employees Retirement Association, the Indiana Public Retirement System, the Teachers' Retirement System of the State of Illinois, the San Mateo County (Calif.) Employees Retirement Association, the Maine Public Employees Retirement System, Border to Coast Pensions Partnership, the Sonoma Coun