Sacramento County Employees’ Retirement System (SCERS) has approved a US$35 million follow-on commitment to the IFM US Infrastructure Debt Fund.

The IFM US Infrastructure Debt Fund focuses on core private credit investments, with a primary objective of generating current income. It provides loans that are backed by tangible infrastructure assets. The fund's total investments were valued at US$475 million. Its investment strategy primarily targets infrastructure assets in the USA, including transportation, utilities, power generation, midstream energy, and social infrastructure. Additionally, the fund has the flexibility to allocate up to 25% of its capital to investments in OECD countries, further expanding its investment scope.