Teachers’ Retirement System of the State of Illinois (TRS Illinois) has added Macquarie Group to its infrastructure manager line-up, backing its latest European fund for which sources say it is seeking to raise €5bn.
The $51.6bn (€45.46bn) pension fund said it has approved a €200m commitment to the Macquarie European Infrastructure Fund 6 (MEIF6).
According to sources, the fund held a first close in January this year. Its predecessor MEIF5 raised €4bn in September 2016.
MEIF6 will target utilities, transportation, communications and renewable energy assets in Europe.
TRS Illinois said it has also approved a $200m investment in Westbrook Real Estate Fund XI, a $300m commitment to Blackstone Real Estate Partners IX, and a $200m investment in Rockpoint Real Estate Fund VI.
Topics
- Blackstone
- Alternatives
- Americas
- Asia-Pacific
- Capital Raising
- Digital Infrastructure
- Energy Infrastructure
- Europe
- Funds
- Industrial
- Infrastructure
- Infrastructure Europe
- Investment Strategies
- Investment Vehicles
- Investors
- Macquarie Group
- North American Investors
- Pension Funds
- Real Estate
- Residential
- The Rockpoint Group
- Transport
- TRS Illinois
- US Investors
- Value-added
- Westbrook
