Infrastructure
Plan will consider breaking up 5% allocation to Master Limited Partnerships and is considering exposures to commodities, listed infrastructure and TIPS.
The fund focused on the energy, transport and logistics sectors, as well as environmental, digital and social infrastructure.
The acquisition was first announced in September.
Plan wrapped up a direct lending manager search with a $12 million commitment in September.
The fund is a non-diversified, closed-end fund that invests primarily in income-producing equity securities issued by infrastructure companies.
Plan disclosed recent private equity, credit, infrastructure and real estate commitments totaling approximately $1.2 billion.
The plan hired two firms to handle a total of $48 million at its board meeting last week.
The plan made a commitment to an existing infrastructure manager.
The plan hired two infrastructure managers last week to handle its maiden 5% allocation to the asset class.
