New York State Common Retirement Fund (NYSCRF) has committed US$300 million to North Haven Infrastructure Partners III (Fund), a fund managed by Morgan Stanley.
The Fund is targetting a total of US$4 billion commitment from investors.
The Fund is the third infrastructure fund of Morgan Stanley. It is investing in the communications, energy, industrials, and utility sectors. The Fund makes investments in the Asia Pacific, Western Europe, Latin America and the Caribbean, and North America.