Former JPM infrastructure exec starts alliance, draws CalSTRS

April 7, 2015 4:00 AM

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NEW YORK, April 7 (Reuters) - JPMorgan's former OECD Infrastructure Investment Fund Chief Investment Officer is starting an infrastructure alliance and has secured $500 million of commitments from investors including Californian pension giant CalSTRS, the partnership said on Tuesday.

The investment manager, named Argo Infrastructure Partners, is founded by Jason Zibarras who left JPMorgan in 2013. It will initially focus on low-risk investments in energy infrastructure in Canada and the United States, including midstream, utilities and contracted power assets and will target "re...

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