Fairfax County Educational Employees' Supplementary Retirement System, Falls Church, Va., disclosed a commitment of $3 million to Stonepeak Infrastructure Fund V.
The $3.2 billion pension fund's private markets consultant, Meketa Investment Group, disclosed the May 3 commitment to the value-added infrastructure fund in a presentation included with materials for its upcoming June 28 board meeting.
The pension fund previously committed $3 million to Stonepeak Infrastructure Fund IV.
As of May 31, the pension fund’s actual allocation to infrastructure was 2%; the target is 3%.
