El Paso (Texas) Firemen & Policemen Pension Fund committed a total of $68 million to two open-end infrastructure funds, said Tyler Grossman, executive director of the $1.8 billion pension fund.
The board agreed to commit $51 million to IFM Global Infrastructure Fund, managed by IFM Investors; and $17 million to Ullico Infrastructure Fund, managed by Ullico Investment Advisors.
The commitments were made at the board's Jan. 20 meeting.
