District of Columbia Retirement Board committed up to $50 million to Tiger Infrastructure Partners III.
The $9 billion pension fund's board approved the commitment to the infrastructure fund at its Sept. 17 meeting, recently released meeting minutes show.
The board previously committed $35 million to Tiger Infrastructure Partners II in 2017.
As of Sept. 30, the pension fund's actual allocation to infrastructure was 0.8%; the target is 3%.
Investment consultant Meketa Investment Group assisted.
Sheila Morgan-Johnson, executive director, could not be immediately reached for further information.