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IFM Investors presents infrastructure strategy; Danvers not invested
Summary
IFM representatives summarized the firm’s global infrastructure focus and scale and said the Town of Danvers is not currently invested in IFM’s closed-end infrastructure fund that has just started fundraising.
Chris Dupont, Analyst at IFM Global Client Solutions, and Alaina Chen, Associate, presented IFM’s infrastructure strategy to the Danvers Retirement Board and described the firm’s scale and sector focus. "IFM holds $183 billion assets across six asset classes," the presenters said, and they emphasized utilities, energy and transportation as key target sectors.
The presenters noted IFM’s geographic footprint and that, while founded in Australia, the firm manages assets globally and had $16 billion still invested in Australia. IFM representatives said Danvers is not currently invested in the fund they described; the Board did not take an allocation action at this meeting.
