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FUNDRAISING NEWS | February 21, 2024

PA Treasury Invests $25M to Infrastructure

Tags: Pension Funds, Real Assets

The Pennsylvania Treasury Department announced an investment of $25 million in real assets, according to a news release published February 20th by the PA Treasurer's Office.

$25 million was allocated to the Ullico Infrastructure Fund. The fund will aim to invest at least $50 million in PA infrastructure projects over the next four years. 

This is a new relationship for the fund. 

Prior to this investment, the only manager in the fund’s infrastructure portfolio was State Street Global Advisors.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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