The Pension Fund of the State of Ticino (IPCT ), the Pension Fund of the City of Zurich (PKZH) and Fondation Interprofessionnelle Sanitaire de Prévoyance (FISP) have joined a group of Swiss pensions and insurers that co-invest in private infrastructure with Canadian investor La Caisse.

IPCT, PKZH and FISP have joined the Swiss Institutional Consortium which now has commitments of around $700m (€591m).

The consortium’s existing members include Retraites Populaires and related parties, CPEG, Centre Patronal and related parties, CPEF, PRESV and the Pension Fund of ICRC.

To date, the partnership has closed three co-investments with La Caisse in transportation, data centres and renewable energy.

InPact Partners is advising the Swiss Institutional Consortium on the partnership.

Antoine Prudent, CEO of InPact Partners, said: “We are seeing a remarkable interest from pension funds across Switzerland for this co-investment partnership with La Caisse.

“This expansion demonstrates the strength of this collaborative model and the appeal of investing alongside one of the most respected infrastructure investors globally.”

To read the latest IPE Real Assets magazine click here.