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Wayne County Employees slates $21 million for Tortoise MLP

Wayne County Employees' Retirement System, Detroit, committed $21.3 million to Tortoise Direct Opportunities Fund from its approximately $800 million defined benefit plan, showed minutes from a July 11 board meeting.

The energy infrastructure-focused master limited partnership is managed by Tortoise Capital Advisors.

Robert J. Grden, executive director of the fund, did not immediately respond to a call seeking more information.