Tacoma (Wash.) Employees’ Retirement System committed $60 million to Pantheon Global Infrastructure Fund V.
The $2.2 billion pension fund’s board approved the commitment to the infrastructure fund of funds managed by Pantheon Ventures at its Oct. 10 meeting, recently released meeting minutes show.
The pension fund previously committed $50 million to Pantheon Global Infrastructure Fund IV in 2021, $40 million to Pantheon Global Infrastructure Fund III in 2017 and $30 million to Pantheon Global Infrastructure Fund II in 2014.
The pension fund’s target allocation to infrastructure is 7%.
