San Antonio Fire & Police Pension Fund committed $25 million to AB CVI Aviation Income Fund II.
The $4 billion pension fund’s board approved the commitment to the real asset transportation leasing fund managed by AB CarVal Investors at its Dec. 17 meeting, recently released meeting minutes showed.
The pension fund previously committed $15 million to CVI Aviation Income Fund in 2019.
The pension fund’s target allocation to real assets is 5%.