Sacramento County (Calif.) Employees' Retirement System agreed to commit $35 million to EQT Infrastructure IV, managed by EQT Partners, documents from the $9.4 billion pension fund show.
The commitment was made at the board's March 20 meeting.
Separately, the pension fund's investments with two Asia-focused opportunistic real estate funds managed by Carlyle Group — a $5.8 million investment with Carlyle China Realty and $26.1 million with Carlyle China Rome Logistics — remain on watch due to changes in management structure and Carlyle's plan to exit the Asia real estate business by year-end.
Steve Davis, chief investment officer for the pension fund, could not be immediately reached for comment.
