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Alternative Assets  + Real Assets  | 
Brookfield Receives $20M for Infrastructure Fund from SERS

Brookfield Receives $20M for Infrastructure Fund from SERS

Brookfield Asset Management received a $20 million commitment from the School Employees Retirement System of Ohio (SERS) for its Brookfield Super-Core Infrastructure Partners (BSIP) co-investment fund.

BSIP is an open-end private equity fund that invests in transport, telecommunications, power and renewable energy assets. According to Pitchbook, the fund has now raised $8.67 billion of capital.

Nearly 21%, or $3.6 billion, of the pension fund’s $17.1 billion portfolio is allocated toward global real assets, slightly above its 20% fiscal year 2024 target. Global real assets generated a 1.30% net return for SERS over the past fiscal year, outperforming its benchmark of -1.63%, according to board documents.

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.