The $255 billion New York State Common Retirement System added niche alternative investments totaling another $1.8 billion to its portfolio earlier this summer as new opportunities arose.
Leading the way was the real assets portfolio, which saw two key allocations to new large infrastructure funds with a combined $650 million in fresh assets.
The KKR Global Infrastructure Investors IV fund received a $500 million commitment to invest in a diversified portfolio of core/core-plus infrastructure assets in OECD countries. Sponsored by Kohlberg Kravis Roberts, the fund seeks to generate returns through both long . . .
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