Ohio Police & Fire Pension Fund is investing in infrastructure and agriculture for the first time.
The pension fund told IPE Real Estate it had committed $100m to the IFM Global Infrastructure Fund and $50m to ACM Fund II.
In , it was reported that Ohio Police & Fire had created a new 5% allocation to real assets.
The infrastructure fund, managed by IFM Investors, is open-ended and invests in core assets across Europe, North America and Australia.
Ohio Police & Fire said the fund invests in a combination of utilities, transportations systems, telecommunications and airports.
IFM Investors launched a new share class for the fund last year, introducing currency hedging and a new fee structure.
ACM Fund III, managed by Agricultural Capital Management, invests in blueberry, citrus and hazelnut farms in the US.
The fund from New Mexico State Investment Council last year.
