Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, US
AUM: $41.07 billion
Allocation to alternatives: 19.2%
Connecticut Retirement Plans and Trust Funds approved $225 million-worth of commitments to private equity funds at its February 2021 investment advisory council meeting, a contact at the pension told Private Equity International.
Connecticut has a 10 percent target allocation to private equity that stood at 7.6 percent as of 31 December 2020, the most recently available data.
The $41.07 billion US public pension’s recent private equity commitments have been predominantly to North America-focused funds pursuing a variety of investment strategies.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.