Connecticut Retirement approves $145m in commitments

The US public pension has backed Europe- and North America-focused funds.

Connecticut Retirement Plans and Trust Funds has approved commitments of $95 million to EQT VIII SCSp and up to $50 million to Siris Partners IV, Denise L. Nappier, state treasurer and council secretary, announced at the 14 February investment advisory council meeting. Investment in the two buyout funds is contingent upon negotiation of partnership documents.

The 32.9 billion US public pension has an 11% target allocation to private equity that currently stands at 8.1 percent.

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