The $3.6 billion San Jose Police & Fire Department Retirement Plan has invested $6 million in Global Infrastructure Partners’ fourth investment vehicle.
The Global Infrastructure Partners IV fund is seeking to raise $20 billion to invest in energy, ports, transportation and wastewater infrastructure assets. It already has raised more than $13.5 billion.
The previous funds in the GIP fund series raised $5.6 billion, $8.2 billion and $15.8 billion, respectively.
The pension fund could not be reached to comment on the investment.