The Texas Municipal Retirement System has poured nearly $300 million of equity commitments into three private-infrastructure vehicles, a recent investment report shows.
The lion’s share of capital — $200 million — went to SDC Digital Infrastructure Opportunity Fund III, a digital-infrastructure fund managed by SDC Capital Partners.
SDC, a private investment firm focused on IT and communications infrastructure, specifically targets data centers, network and fiber, wireless infrastructure, and managed IT/cloud infrastructure. As of March, SDC Digital Infrastructure Opportunity Fund III had raised more than $1.3 billion against an unknown equity fundraising target.
An additional $50 million went to Hull Street Energy Partners II, managed by Maryland-based Hull Street Energy. The fund
