Chicago Public School Teachers' Pension & Retirement Fund committed $25 million to Brookfield Infrastructure Fund IV, managed by Brookfield Asset Management, said Angela Miller-May, chief investment officer, in an email.
The $10.8 billion pension fund previously committed $50 million to Brookfield Infrastructure Fund III in 2015.
As of Sept. 30, the actual allocation to infrastructure was 2.1%; the target is 2%.