Pension fund approves $100m commitment to ISQ Co-Investment Fund II. :
New York State Common Retirement Fund (NYSCRF) is in a position to make its first co-investments alongside an infrastructure fund, having committed $100m (€90.8m) to ISQ Co-Investment Fund II. The vehicle will co-invest alongside I Squared Capital’s $7bn ISQ Global Infrastructure Fund II, which NYSCRF committed $300m to in October 2018. The co-investment vehicle will focus on renewable energy assets and will target returns in the mid-teens.