FUNDRAISING NEWS | May 29, 2024
The Stanislaus County Employees’ Retirement Association approved a commitment of $20 million to Palistar Digital Infrastructure Fund III according to materials from the May 28th Board of Retirement meeting.
This represents an existing relationship for StanCERA, having previously committed to the Palistar Communications Infrastructure Fund II.
As of March 31, 2024 the $2.8 billion pension fund allocates approximately 7.2% to infrastructure. Existing managers in the funds infrastructure portfolio include Morgan Stanley, Northern Trust, Carlyle, JP Morgan, and IFM.
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Helen Bascom is a Marketing Associate at Dakota.
