CalPERS Buys 10 Percent of Indiana Toll Road Concession

Posted on 05/04/2016

California Public Employees’ Retirement System (CalPERS) acquired a 10% stake in the Indiana Toll Road Concession Company LLC (ITRCC) from global fund manager IFM Investors, through its IFM Global Infrastructure Fund. IFM Investors also sold an interest in the toll road to personal lines insurer Allstate Corporation. Macquarie Capital and Orrick, Herrington & Sutcliffe acted […]