The Wisconsin Board of Commissioners of Public Lands have approved two investments in infrastructure funds totaling up to $45 million.
According to meeting minutes from the November 15 board meeting, $25 million was committed to BlackRock Global Infrastructure Fund IV, and $20 million was committed to the KKR Open-Ended Infrastructure Fund.
The commitments mark the first infrastructure investments for the retirement board. The investment committee began considering the asset class in 2022 to provide positive yields with stable growth.
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