San Antonio Fire & Police Pension Fund made two new infrastructure commitments totaling $40 million.
The $4 billion pension fund's investment committee approved commitments of $20 million each to Melody Communications Infrastructure Fund II, a telecommunications fund managed by Melody Investment Advisors, and Tiger Infrastructure Partners Fund III, at its Aug. 18 meeting, recently released committee meeting minutes show.
The pension fund, with assistance from investment consultant NEPC, had conducted a private market real assets search, the minutes show.
Other finalists that made presentations at the Aug. 18 investment committee meeting were EnTrust Global and Stonepeak Infrastructure Partners.
Cary Hally, chief investment officer, could not be immediately reached for further information.