Howard County slates $8 million for 2 infrastructure funds
Howard County slates $8 million for 2 infrastructure funds
Howard County Retirement Plans, Ellicott City, Md., made two new infrastructure commitments totaling $8 million.
The joint committee for the Howard County Retirement Plan and the Howard County Police and Fire Employees Retirement Plan approved commitments of $5 million to IFM Global Infrastructure Fund, an open-end fund managed by
IFM Investors; and $3 million to infrastructure fund
Tiger Infrastructure Partners Fund III at its March 25 meeting, recently released meeting minutes show.
The plans actual allocation to private real assets was 1.1% as of March 25, according to the minutes; the target is 2%.