Border to Coast Pensions Partnership, one of the largest public-sector pension pools in the United Kingdom, has announced its first infrastructure investments on the heels of a £675 million ($868 million) fundraise for its first infrastructure offering in July.
Ten partner funds committed capital to the offering.
According to Border to Coast, the commitments are to be invested up until March 31, 2020, as part of a program to provide a diversified global infrastructure portfolio across core, core-plus, value-added and opportunistic strategies.
To date, Border to Coast has committed almost $200 million in two infrastructure funds. The commitments include $125 million to the Brookfield Infrastructure Fund IV, managed by Brookfield Asset Management, and $60 million to the Global Infrastructure Partners Fund IV, managed by Global Infrastructure Partners.
These commitments provide exposure to a number of Border to Coast’s targeted themes within infrastructur
