Brunel Pension Partnership, Bristol, England, committed €50 million ($56 million) to Mirova Core Infrastructure Fund II, said a spokeswoman for the £28 billion ($36 billion) local government pension scheme.
The Mirova fund invests in a diversified portfolio of core middle-market infrastructure in continental Europe.
"The fund is shaping up nicely and is already over 60% invested, providing Brunel with good visibility and immediate exposure to a number of seed assets including a district heating network in Norway, an ultra-fast broadband network in France, an Italian hospital concession and a number of transport and social infrastructure concessions in Spain," said Gillian De Candole, investment principal on Brunel's private markets team, in a news release.
