School Employees Retirement System (SERS) of Ohio has approved a $20m (€19m) commitment to co-invest alongside Brookfield’s open-ended core infrastructure fund.
Ohio SERS said it has made the capital commitment to BSIP Co-Investment Fund, a fund that will invest alongside the Brookfield SuperCore Infrastructure Fund.
The co-investment capital targets a net internal rate of return of 8% and gross return of 9%, according to Ohio SERS.
The Brookfield SuperCore Infrastructure Fund targets transportation, telecommunication, power, renewable energy assets and infrastructure sector.
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