Chicago Public School Teachers' Pension & Retirement Fund committed $25 million to Macquarie Infrastructure Partners V.
The $10.7 billion pension fund's board approved the commitment to the infrastructure fund managed by Macquarie Infrastructure and Real Assets at its meeting Tuesday, said Angela Miller-May, chief investment officer, in an email.
As of June 30, the actual allocation to infrastructure was 2%, equal to its target.
Investment consultant Callan assisted.
