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.
