The $19 billion School Employees Retirement System (SERS) of Ohio has approved a $17 million commitment to GIP Edinburgh Airport Continuation Fund, an infrastructure strategy within the real assets portfolio. This investment will be funded from cash reserves.
In April, Global Infrastructure Partners agreed to sell a 50.01 percent stake in Edinburgh Airport to VINCI Airports, a private airport operator, for £1.27 billion ($1.38 billion).
However, specifics about the continuation fund’s strategy and fundraising target could not be determined at the time of publication.