Dallas Police & Fire Pension System committed about $71 million total to two alternatives funds, according to a summary of the Aug. 8 board meeting posted on the pension plan's website.
The $3.4 billion pension fund committed $40 million to J.P. Morgan Asian Infrastructure and Related Resources Opportunity Fund II, managed by J.P. Morgan Asset Management; and £20 million ($31 million) to M&G Real Estate Debt Fund II, a European debt fund managed by M&G Investments.
The pension plan invested in the predecessor J.P. Morgan Asian infrastructure fund.
As of June 30, the plan had 18.1% allocated to real estate and 3.9% to infrastructure.
Spokeswoman Rebecca Shaw referred questions to Don Rohan, assistant administrator of operations, who was not available by press time.
