The Ohio Police & Fire Pension Fund (OP&F) has invested US$80 million to the Brookfield Infrastructure Fund IV, managed by Brookfield Asset Management.
The new fund of Brookfield targets a total commitment of up to US$17 billion. It will finance projects involving transportation, renewable power, utilities and data infrastructure assets across North America, Europe, South America, and Asia Pacific.
In July, a US$500 million commitment was also secured from the New York State Common Retirement Fund (NYCRF).