US pension fund LACERA to commit $500m to KKR's open-ended infrastructure fund

US pension fund LACERA to commit $500m to KKR's open-ended infrastructure fund

Photo by David Martin on Unsplash

US retirement fund manager Los Angeles County Employees Retirement Association (LACERA) has approved an investment of up to $500 million in KKR Diversified Core Infrastructure Fund (DCIF), the New York-based buyout firm’s first open-ended infrastructure vehicle.

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