Pensions
CalSTRS to Anchor Nuveen Sustainable Infrastructure Fund
The Energy & Power Infrastructure Credit Fund II will receive up to $2 billion from the California State Teachers’ Retirement System.
The asset classes can provide significant diversification and are uncorrelated with other fixed-income investments.
Private infrastructure is attracting more attention from pensions, sovereign wealth funds and endowments, per a Nuveen survey.
Hopes for more M&A activity could lead to more deals and liquidity.