Searches and Hires

Cincinnati Retirement System puts $15 million in J.P. Morgan infrastructure fund

Cincinnati Retirement System committed $15 million to J.P. Morgan Infrastructure Investments Fund, an open-end infrastructure fund managed by J.P. Morgan Asset Management (JPM), said Don Beresford, finance manager, in an email.

The $2.2 billion pension fund's actual allocation to infrastructure as of June 30 was 5%. The target is 7.5%.

Investment consultant Marquette Associates assisted.