San Antonio Fire & Police Pension Fund committed $20 million to Palistar Digital Infrastructure Fund III.
The $3.7 billion pension fund's board approved the commitment to the communications infrastructure fund managed by Palistar Capital at its Nov. 27 meeting, recently released meeting minutes show.
The pension fund previously made commitments to Palistar's prior two funds, according to the minutes.
The pension fund's target allocation to real assets is 5%.
