The Wyoming State Treasurer’s Office has greenlighted a $150 million investment in the open-ended IFM Global Infrastructure Fund on behalf of the Wyoming State Loan and Investment Board.
Incepted in 2004, IFM Global Infrastructure Fund is among the oldest open-ended infrastructure funds in the market. The vehicle is focused on building and managing a diversified portfolio of essential infrastructure assets to deliver stable long-term returns. IFM Global Infrastructure Fund has a primary focus on OECD member countries, with an opportunistic approach to other regions, according to a Dec. 1 board meeting document from Wyoming. The fund will invest in the energy, social infrastructure, transport, and water and wastewater sectors.
Wyoming said IFM Global Infrastructure Fund represents an attractive opportunity to enhance risk-adjusted returns and provide additional diversification, both at the asset and manager level, to its portfolio.
In April 2021, the board appr