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Pennsylvania Public School Employees commits $300m to infrastructure fund
Investors - JUNE 4, 2024

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Pennsylvania Public School Employees commits $300m to infrastructure fund

by Lewis Dayton

The Pennsylvania Public School Employees’ Retirement System (PSERS) has committed $300 million to CION Grosvenor Infrastructure Interval Fund.

As of June 30, 2023, PSERS had $2.8 billion committed toward infrastructure investments and had a net IRR on those investments of 14 percent.

PSERS has invested in another GCM Grosvenor–managed infrastructure fund in the past, when it committed $100 million to GCM Grosvenor Customized Infrastructure Strategies II.

 

 

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