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Texas Ers Plans New Infrastructure Manager Hire, Sets $450M Pacing Plan | News | Ipe Ra

by realassets.ipe.com posted 3months ago 19 views
Plans to hire a manager to help grow infrastructure exposure in Europe or Australasia. : Employees Retirement System of Texas (Texas ERS) expects to hire at least one new infrastructure fund manager as it prepares to invest around $450m (€402m) in the asset class during the next fiscal year, according to the pension fund’s pacing plan. A board meeting document shows that, for the fiscal year starting in September, Texas ERS plans to hire a fund manager to help increase and further diversify its infrastructure exposure in either Europe or Australasia.

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