Connecticut Retirement Commits $450M to Private Equity

The Connecticut Retirement Plans and Trust Funds have approved three commitments to private equity totaling $450 million, according to materials from the July 10th Investment Advisory Council meeting. 

$100 million was committed to Insight Partners Opportunities Fund II, $150 million to Insight Partners Opportunities Fund II Co-Investment Sidecar, and $200 million to Hollyport Secondary Opportunities IX. 

Hamilton Lane assisted with the recommendations. 

As of March 31, 2024, the $56 billion retirement system allocates approximately 11% to Private Investment exposures with a target of 15%.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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