State of Michigan Retirement System has approved a $100m (€85.3m) commitment into the KKR Global Infrastructure Investors IV fund, according to the pension fund’s meeting document.
As previously reported, the New York State Common Retirement Fund has also committed to the global infrastructure fund seeking to raise $12bn. Minnesota State Board of Investment has also previously disclosed plans to make a capital commitment to the fund.
State of Michigan Retirement said it has also approved a $100m commitment to Heitman Global Real Estate Partners II, an open-ended core property fund and issued a $75m commitment to Transwestern Strategic Partners Fund III, a value-add fund seeking to raise $450m.
The pension fund has also approved $100m each into the Carlyle Realty Partners IX and the open-ended Lion Industrial Trust fund.
As previously reported, Carlyle Realty Partners IX is planning to raise $6bn.
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