Publications

Investors - APRIL 22, 2016

South Carolina makes first infrastructure commitment

by Zoë Wolff

The $29 billion South Carolina Retirement System Investment Commission has approved its first investment in infrastructure.

The retirement system has committed an initial $275 million to Deutsche Global Infrastructure Securities strategy, managed by the RREEF Americas unit of Deutsche Asset Management. The long-term allocation will be up to 2.5 percent of the pension fund’s total assets. The capital will be invested in the transportation, regulated utilities and communications sectors in the United States and Europe.

In February, the investment commission approved a new portfolio model that created a 3 percent allocation to infrastructure.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy