Arizona Public Safety Personnel Retirement System, Phoenix, made new commitments totaling $120 million, spokesman Christian Palmer said in an email.
The $9.9 billion pension fund committed $50 million directly and $30 million in co-investments to Bluescape Energy Recapitalization & Restructuring Fund IV, a natural resources fund managed by Bluescape Energy Partners.
The pension fund previously committed $50 million directly and up to $40 million in co-investments to Bluescape Energy Recapitalization & Restructuring Fund III in 2017.
Also, the pension fund committed $40 million to Northern Shipping Fund IV, an infrastructure fund managed by Northern Shipping Funds. The pension fund previously committed up to $70 million to Northern Shipping Fund III in 2016.
As of Dec. 31, the pension fund's actual allocation to real assets was 8.8%.
