SecProbe.io

CORRESP
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December 20, 2023

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Investment Management

100 F Street, NE

Washington, D.C. 20549

Attention: Yoon Choo

 Re: Meketa Infrastructure Fund (File Nos. 811-23899; 333-274323)

Dear Ms. Choo:

On behalf of Meketa Infrastructure Fund (the
“Fund”), we are writing to respond to comments of the staff (the “Staff”) of the U.S. Securities and Exchange
Commission (the “Commission”) that you provided via telephone on December 1, 2023 in connection with the Fund’s registration
statement relating to the common shares of beneficial interest of the Fund, which was filed with the Commission on November 9, 2023 (SEC
Accession No. 0001580642-23-006151) (the “Registration Statement”). Capitalized terms not defined herein have the meaning
given to them in the Registration Statement.

The following sets forth the Staff’s
comments and the Fund’s responses thereto. We note that the responses set forth herein, as applicable, will be observed by the Fund
but do not necessarily represent the position or policy of other funds advised or sub-advised by Meketa Capital, LLC (“Meketa Capital”
or the “Adviser”) or its affiliates. The below responses will be reflected, to the extent applicable, in the form of a pre-effective
amendment to the Registration Statement.

PROSPECTUS

 1. Staff Comment: In an appropriate location on the cover page and under “Summary – Repurchase
Offers,” please include disclosure similar to that included under “Early Repurchase Fees” in the Fund’s prospectus
which states “for repurchases of Shares not otherwise subject to an Early Repurchase Fee, the Fund is permitted to allocate Shareholders,
whose Shares are repurchased, costs and charges imposed by the Portfolio Funds in connection with Infrastructure Investments, if the Adviser/Sub-Adviser,
as applicable, determines to liquidate such interests as a result of repurchase tenders by Shareholders and such charges are imposed on
the Fund. In the event that any such charges are allocated to the Fund, and subject to applicable law, the Fund may allocate such charges
to the Shareholders whose repurchase tenders resulted in the repurchase of a portion of the Shares that resulted in such charges.”
In addition, please include the maximum amount of any such charge and a cross reference to the relevant discussion in the prospectus.

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Response: The
Fund has added the following disclosure as requested.

Cover Page
- New Footnote 3 to row titled “Sales Charge (Load)” in the applicable table

(3) The Fund is
permitted to allocate costs and charges imposed by Portfolio Funds to Shareholders tendering their shares for repurchase if such Portfolio
Fund interests are liquidated as a result of repurchase tenders by Shareholders. Any such costs and charges are limited to a maximum amount
of 2.00% of the value of the Shares repurchased and apply only to Shares not otherwise subject to an Early Repurchase Fee. See “Early
Repurchase Fees/Redemption Charges.”

Summary –
Quarterly Repurchase Offers

Other than the
Early Repurchase Fee, the Fund does not presently intend to impose any charges on the repurchase of Shares. However, for repurchases of
Shares not otherwise subject to an Early Repurchase Fee, the Fund is permitted to allocate to Shareholders, whose Shares are repurchased,
costs and charges imposed by the Portfolio Funds, if the Investment Committee determines to liquidate such interests as a result of repurchase
tenders by Shareholders and such charges are imposed on the Fund. In the event that any such charges are allocated to the Fund, and subject
to applicable law, the Fund may allocate such charges to the Shareholders whose repurchase tenders resulted in the repurchase of a portion
of the Shares that resulted in such charges. The maximum amount of any such charges is 2.00% of the value of the Shares repurchased. See
“Early Repurchase Fees/Redemption Charges.”

 2. Staff Comment: Please include information about the charges discussed in the prior comment as a
separate line item to the Fund’s fee table.

Response: The
Fund has revised the line item titled “Maximum Early Repurchase Fee” and added footnote 3 to the fee table as marked below and
respectfully declines to add the requested disclosure as a separate line item.

    SHAREHOLDER TRANSACTION FEES
    Class I Shares

    Class II Shares(1)

    Class III

    Shares(1)

    Maximum Sales Load
    None
    None
    None

    Maximum Early Repurchase Fee/Redemption Charges (as a percentage of repurchased amount)
    2.00%
    2.00%
    2.00%

    …

(1)
As of the date of this Prospectus, Class II and Class III shares are not offered to investors.

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(2)
 A 2.00% early repurchase fee payable to the Fund will be charged with respect to the repurchase of
a Shareholder’s Shares at any time prior to the day immediately preceding the one-year anniversary of a Shareholder’s purchase
of the Shares (on a “first in-first out” basis). The Fund may waive the early repurchase fee for certain categories of Shareholders
or transactions, such as repurchases of Shares in the event of the Shareholder’s death or disability, or in connection with certain
distributions from employer sponsored benefit plans. See “Quarterly Repurchase Offers.”

 (3) The Fund is permitted to allocate costs and charges imposed by Portfolio Funds
to Shareholders tendering their shares for repurchase if such Portfolio Fund interests are liquidated as a result of repurchase tenders
by Shareholders. Any such costs and charges are limited to a maximum amount of 2.00% of the value of the Shares repurchased and apply
only to Shares not otherwise subject to an Early Repurchase Fee. See “Early Repurchase Fees/Redemption Charges.”

 3. Staff Comment: The Fund discloses on the cover page and elsewhere in the prospectus that it “seeks
to obtain exposure to infrastructure assets directly, or indirectly through special purpose vehicles, primarily through: … (iii)
primary and secondary investments in private infrastructure funds managed by third-party managers (such funds, “Portfolio Funds”
and the managers to such funds, “Portfolio Fund Managers”).” Please include a reference to investments in Portfolio
Fund Managers where appropriate when discussing the Fund’s investments.

Response: The
Fund does not intend to invest directly in Portfolio Fund Managers and notes the referenced disclosure is intended to define third-party
managers to private infrastructure funds. The Fund therefore respectfully declines to add the requested disclosure.

 4. Staff Comment: Does the Fund’s definition of “infrastructure company” similarly
apply to “publicly listed vehicles including special purpose acquisition companies (“SPACs”), investment funds, and
individual companies, utilities, and master limited partnerships that pursue the business of infrastructure ownership, operations, and/or
investing”? If so, please clarify the disclosure or otherwise disclose the criteria used to determine whether these vehicles qualify
as infrastructure assets.

Response: The
Fund believes the current disclosure is clear but has nonetheless revised its disclosure to state as marked below.

…publicly
listed vehicles including special purpose acquisition companies (“SPACs”), investment funds, and individual companies, utilities,
and master limited partnerships that hold themselves out as pursuing pursue the business of infrastructure ownership,
operations, and/or investing…

 5. Staff Comment: In reference to the following risk disclosure, please disclose in an appropriate
location the material terms of any borrowing arrangements in place for the Fund, including from Fund affiliates.

The Fund may pay
distributions in significant part from sources that may not be available in the future and that are unrelated to the Fund’s performance,
such as from offering proceeds, borrowings, and amounts from the Fund’s affiliates that are subject to repayment by investors, if
any.

Response: The
Fund does not have any borrowing arrangements, including from Fund affiliates, at this time and therefore respectfully declines to add
the requested disclosure.

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 6. Staff Comment: Please revise the following sentence for clarity.

You can request a
copy of the SAI and annual and semi-annual reports of the Fund (when available) without charge on the Fund’s website ([ ]), by writing
to the Fund at [Ultimus Fund Solutions, LLC, PO Box 541150], Omaha, NE 68154-9150, or by calling the Fund toll-free at [ ].

Response: The
Fund has revised the disclosure to state as follows:

You can request a
copy of the SAI and annual and semi-annual reports of the Fund (when available) without charge on the Fund’s website ([
]), by writing to the Fund at [Ultimus Fund Solutions, LLC, PO Box 541150], Omaha, NE 68154-9150,
or by calling the Fund toll-free at 833-668-3414 [ ]. These reports may
also be accessed without charge on the Fund’s website (www.meketacapital.com [ ]).

 7. Staff Comment: Please revise the disclosure throughout the Registration Statement to delineate
the roles of the Adviser and Sub-Adviser with respect to the Fund’s management. Although is states that the “Sub-Adviser provides
the day-to-day portfolio management of those assets of the Fund allocated to it by the Adviser,” there is no disclosure about the
division of responsibility (i.e., does the Adviser manage assets for a particular sector?).

Response: The
Fund’s portfolio managers are comprised of individuals from each of the Adviser and Sub-Adviser who manage the day-to-day portfolio
management of the all the Fund’s assets through an Investment Committee. The Fund has revised the disclosure to refer to the Investment
Committee as opposed to the Adviser or Sub-Adviser throughout, as applicable.

 8. Staff Comment: Please include reference to Infrastructure Credit Instruments in the following disclosure
and elsewhere, if applicable.

The balance of the
Fund’s investments will be in other investments, including Portfolio Companies, Portfolio Funds that are not Private Investment
Companies (i.e., publicly listed vehicles), and cash and cash equivalents.

Response: The
Fund has made the requested change.

 9. Staff Comment: Please revise sub-item (iv) of the first sentence under Investment Objective and Strategies – Investment
Strategies to add reference “publicly listed” vehicles or otherwise reconcile similar disclosures in the Prospectus.

Response: The
Fund has made the requested change.

 10. Staff Comment: The Staff noted that the Adviser may but is not obligated to waive up to 0.50% of
the Management Fee on cash and cash equivalents held in the Fund from time to time. If the Adviser currently intends to waive this amount,
consider adding disclosure to

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this effect. In addition, and to the
extent accurate please add disclosure that the Adviser may not recoup and such amounts pursuant to this waiver.

Response: The
Fund has revised the following disclosure as marked below in response to the Staff’s comment. Due to the fact that the Adviser is
not certain with respect to its current intention on such waiver, the Fund respectfully declines to add disclosure as to the Adviser’s
intentions with respect to the voluntary cash waiver.

Any such voluntary
reimbursement is not eligible for recoupment and may be terminated at any time.

 11. Staff Comment: Please revise the heading “Early Repurchase Fees” in the Fund’s
prospectus in light of the disclosure included in this section regarding the possible allocation of costs and charges imposed by Portfolio
Funds in connection with Infrastructure Investments to repurchasing Shareholders. In addition, please disclose the maximum amount of any
such charge.

Response: The
Fund has revised the disclosure as marked below:

Early Repurchase
Fees/Redemption Charges

…

Other than the Early
Repurchase Fee, the Fund does not presently intend to impose any charges on the repurchase of Shares. However, for repurchases of Shares
not otherwise subject to an Early Repurchase Fee, the Fund is permitted to allocate to Shareholders, whose Shares are repurchased,
costs and charges imposed by the Portfolio Funds in connection with Infrastructure Investments, if the Investment
Committee Adviser/Sub-Adviser, as applicable, determines to liquidate such interests as a result of repurchase tenders
by Shareholders and such charges are imposed on the Fund. In the event that any such charges are allocated to the Fund, and subject to
applicable law, the Fund may allocate such charges to the Shareholders whose repurchase tenders resulted in the repurchase of a portion
of the Shares that resulted in such charges. The maximum amount of any such charges is 2.00% of the value of the Shares repurchased.

 12. Staff Comment: Please revise sub-section (i) of the first sentence of the seventh paragraph under
Summary of the Declaration of Trust to align with the Amended and Restated Declaration of Trust (the “DoT”) filed with the
Registration Statement.

Response: The
Fund has revised the referenced disclosure as marked below.

The Declaration of
Trust provides that each Trustee, officer and Shareholder, to the fullest extent permitted by law, including Section 3804(e) of the Delaware
Statutory Trust Act (the “Delaware Act”), (i) irrevocably agrees that, except for any claims, suits, actions or proceedings

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arising under federal securities laws,
any claims, suits, actions or proceedings asserting a claim arising out of or relating in any way to the Fund, the Delaware Act, or the
Declaration of Trust shall be exclusively brought in the Court of Chancery of the State of Delaware or, if such court does not have subject
matter jurisdiction thereof, the Superior Court of any other court in the State of Delaware with subject
matter jurisdiction; and (iii) irrevocably waives any and all right to trial by jury in any such claim, suit,
action or proceeding. In submitting to the jurisdiction of the courts of Delaware, a Trustee, officer, or Shareholder may have to bring
suit in an inconvenient and less favorable forum.

 13. Staff Comment: Please revise the eighth paragraph under Summary of the Declaration of Trust to
align with the DoT and to include the carve out to the 10% requirement that shareholders must maintain for a derivative action.

Response: The
Fund has replaced the referenced disclosure with the language below.

The Declaration of
Trust provides that shareholders may bring a derivative action on behalf of the Fund only if certain conditions are met, including in
certain cases that a shareholder make a pre-suit demand upon the Fund’s Trustees to bring the subject action and that the Trustees
be afforded a reasonable amount of time to consider such request and to investigate the basis of such claim. Where demand upon the Fund’s
Trustees is required, no shareholder may maintain a derivative action on behalf of the Fund unless holders of at least 10% or more of
the total combined net asset value of all of the outstanding shares, or of the series or class to which such action relates if it does
not relate to all series and classes, join in the bringing of such action, but the 10% requirement does not apply to claims asserted under
the U.S. federal securities laws. Any decision by the Trustees after considering such demand to bring, maintain or settle (or not to bring,
maintain or settle) such action shall be binding upon shareholders.

STATEMENT OF ADDITIONAL
INFORMATION

 14. Staff Comment: Please explain how the following disclosure included in the Meketa Capital, LLC
Proxy Voting Policies and Procedures located at Appendix A to the Statement of Additional Information is consistent with the Fund’s
investment strategy (i.e., do the equity securities in which the Fund invest not provide for voting rights?)

The fund does not
invest in individual equities. If the Funds were to invest in individual equities, this Proxy Voting Policy will be ame