Connecticut Considers Nearly $2B in Alts Commitments

The Connecticut Retirement Plans and Trust Funds is considering total investments of approximately $1.95B across four funds in private equity, private credit, real estate, and private infrastructure. 

 

According to the pension’s December 4 meeting materials, the state’s Office of the Treasurer recommended a commitment of $750M to HarbourVest’s CT Private Debt Fund, as well as $900M to the manager’s private equity Co-investment Fund Tranche II; $150M to Mesirow Financial Real Estate Value Fund V; and $150M to Ridgewood Water & Strategic Infrastructure Fund II. 

 

Per the latest Dakota data, the Connecticut pension targets 10% of its $56.8B total plan assets to be allocated to private equity, 10% each to private credit and real estate, and 7% to real assets, as of June 30. 

 

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Written By: Dakota

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