The Teacher Retirement System of Texas has committed a total of US$275 million for the two infrastructure funds - North Haven Infrastructure Partners III and the Actis Long Life Infrastructure Fund (ALLIF).
The North Haven Infrastructure Partners III, a fund managed b Morgan Stanley Infrastructure Partners has received US$200 million commitment which will be used in the U.S. infrastructure projects in sectors including energy, transportation, and utilities.
On the other hand, the fund managed by Actis Capital has secured the US$75 million investment. It will be used to finance projects in merging market countries in Africa, Asia, and Latin America. The Fund makes infrastructure real assets investments in the communications, energy, industrials, and utilities sectors.