Delaware Public Employees' Retirement System, Dover, approved two new infrastructure commitments totaling up to $50 million.
The $12.7 billion pension fund's investment committee approved commitments of up to $30 million to SDC Digital Infrastructure Opportunity Fund IV, a global digital infrastructure fund managed by SDC Capital Partners, and up to $20 million to Peppertree Capital Fund X, an infrastructure fund managed by Peppertree Capital Management, at its Oct. 17 meeting, recently released meeting minutes showed.
The minutes did not disclose whether DPERS has made prior commitments to either manager.
As of June 30, the pension fund's actual allocation to alternative investments was 19.3%.
