Dallas/Fort Worth International Airport, committed up to $10 million in pension fund assets to an MC-SEAMAX Management fund that targets investments in the container shipping sector, said Michael Phemister, vice president of treasury management.
DFW Airport oversees two pension funds with a combined $530 million in assets — the General Employees of Dallas/Fort Worth International Airport Retirement Plan and the Department of Public Safety Retirement Plan.
The commitment will fall under the pension funds’ real assets allocation.
Investment consultant The Bogdahn Group assisted.