GSIS investment

Government Service Insurance System president, general manager and acting board chairman Wick Veloso (seated) signs an agreement with James Amine, a partner in the Global Infrastructure Partners Emerging Markets Fund. Under the agreement, GSIS will invest $300 million for global infrastructure projects covering transport, energy and digitalization. Veloso says the partnership is in line with the fund’s continued effort to further diversify its assets and generate higher returns for the benefit of more than two million members and pensioners. GIP, founded in 2006 and based in New York City, is a leading global independent infrastructure fund manager that administers $87 billion in assets on behalf of its investor base.