CalSTRS Fronts Cash for Infrastructure
Posted on 02/07/2012
Increasingly, global public investors including sovereign wealth funds are moving money into infrastructure investments. The low-yield sovereign fixed income environment is fastening this change. This illiquid asset class has the possibility of providing stable cash flow for the long-term haul. The California State Teachers’ Retirement System (CalSTRS) plans to invest US$ 500 million through Global […]
