Delaware Public Employees' Retirement System, Dover, committed up to $15 million to Vision Ridge Sustainable Asset Fund Annex Fund.
The $14.5 billion pension fund's investment committee approved the commitment to the infrastructure fund managed by Vision Ridge Partners at its June 14 meeting, recently released meeting minutes show.
The pension fund previously committed up to $15 million to Vision Ridge Sustainable Asset Fund III in December 2020.
The pension fund's actual allocation to alternative investments was 24.2% as of June 30, 2021, the most recent data available.
Brenda A.M. Wise, director of policy and communications at Delaware's office of management and budget, could not be immediately reached for further information.
