The Government Employees Pension Service (GEPS) has begun the process of selecting overseas management company GPs for an investment of EUR 100 million in a global infrastructure fund. Two asset management companies will be selected with an allocation of up to EUR 50 million each and a target rate of return set at over 10%. The investment area is global, but at least 80% must be invested in the European region, and the fund type is structured as a closed-end fund with a maximum operation period of seven years and a fund maturity set at approximately 15 years. Eligibility is limited to asset management companies that have been […]