Connecticut Retirement Commits $375M to Private Equity, Real Estate

The Connecticut Retirement Plans and Trust disclosed three recent commitments to alternatives, totaling $375 million, according to  meeting minutes.

In private equity, $150 million was allocated to Leeds Equity Partners VIII and $25 million to Leeds Co-investment Side Car Fund. 

In real estate, $200 million was allocated to Blue Owl Real Estate Fund VI.

As of September 30, 2023 the $49 billion pension has allocated 11.7% to private investments while they target 15% to the asset class. 7.6% of their holdings are allocated to real estate with a target of 10%.

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