Iowa Public Employees' Retirement System, Des Moines, agreed to commit $300 million to Brookfield Super-Core Infrastructure Partners, an open-end private infrastructure fund managed by Brookfield Asset Management.
The commitment was made at the board's Thursday meeting, confirmed Shawna Lode, spokeswoman for the $35 billion pension fund, in an email.
An RFP was issued in January to diversify the pension fund's private real assets allocation.
