ESR Texas commits to Igneo North America infrastructure fund
Employees Retirement System of Texas has approved a $50m (€46.3m) commitment to the Igneo North America Diversified Infrastructure Fund.
The fund, managed by Igneo Infrastructure Partners, has a core-plus investment strategy.
The capital raising process for the fund was initiated in the current year, although the targeted capital raise remains undisclosed at this time.
The infrastructure fund will focus on investing in mature mid-market-sized infrastructure assets, specifically targeting transactions with companies located within the US or Canada.
The fund will pursue a diversified investment approach, considering opportunities across various infrastructure sectors, including renewables, digital infrastructure, waste management, water utilities, transportation and logistics.
Igneo Infrastructure Partners did not respond to a request for comment.
To read the latest IPE Real Assets magazine click here.
Related
How SenseiNode Is Building Proof-of-Stake Infrastructure in Latin America
A lot of attention is paid to the decentralization of the Bitcoin network.Bitcoin miners should set up shop in a number of different jurisdictions in order to p
The Infrastructure of Racial Justice Is Under Attack. We Must…
President Donald Trump began February with a proclamation that Black History Month offered “an occasion to celebrate the contributions of so many Black Am
Bomb threat found “non-credible”: American Airlines after Delhi-bound flight diverted…
American Airlines has said that the "bomb threat on board", due to whi
Big infrastructure investment plans take shape in America
Amtrak and dozens of major industry partners representing construction, manufacturing, rail supply, engineering, and other sectors convened for an industr
