DC Retirement Board has committed $75M to JLC Infrastructure Fund II

The District of Columbia Retirement Board has closed on a $75 million commitment to JLC Infrastructure Fund II, according to recently released meeting minutes. 

The infrastructure fund was approved at the February 13 board meeting and is managed by JLC Infrastructure. 

As of December 31, 2022, the $10.5 billion pension fund has an actual and target allocation to infrastructure of 4% and 6% respectively.

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