The Rhode Island State Investment Commission has earmarked $100 million for the KKR Diversified Core Infrastructure Fund (DCIF), according to recent board meeting minutes.
Jon Popielarski, director of private assets, said the proposed investment would increase ERSRI’s exposure to core infrastructure, within the private real assets allocation.
DCIF is an open-end commingled core infrastructure fund sponsored by KKR. It is the firm’s first open-end infrastructure fund that seeks to pursue core infrastructure investments with a buy-and-hold approach.
The fund has a particular focus on investments in contracted and/or regulated cash flows from existing projects, assets and businesses located in the OECD countries of North America, Western Europe and developed Asia. DCIF will seek to invest across utilities, power and renewable, telecom, transportat
