Japan’s Government Pension Investment Fund is considering investing in emerging-markets infrastructure and is looking for relevant investment managers.

The ¥158trn (€1.35trn) pension fund has issued a request for information and said it is considering appointing a specialist fund-of-funds manager as part of its global infrastructure strategy.

GPIF said it “expects to receive useful information from managers in the relevant market in order to develop an idea of potential investment in the emerging markets going forward”.

It added: “GPIF maintains the key strategy to invest mainly in core infrastructure, which will yield stable income”.

GPIF is looking for a fund-of-funds arrangement but it said it “will also accept information” on other investment schemes.

More than two years ago, GPIF appointed StepStone Infrastructure & Real Assets as its global fund-of-funds manager. Earlier this year, it invested in Brussels Airport through the mandate.