NY State Common adds infrastructure fund
The $247 billion New York State Common Retirement Fund allocated $300 million to a fund managed by EQT within its real assets portfolio.
The EQT Infrastructure Fund V invests in infrastructure and infrastructure-like assets in Europe, North America and the Asia-Pacific region. The fund targets five sectors -- telecom, energy, transport and logistics, environmental infrastructure and social infrastructure. Last summer, the New York pension system invested $354 million in the Stockholm firm’s buyout fund . . .
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