Connecticut retirement approves $150m in commitments

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

Connecticut Retirement Plans and Trust Funds has committed $100 million to Vista Equity Partners Fund VI and $50 million to Leeds Equity Partners VI. The treasurer also presented JFL Equity Investors IV as an investment opportunity.

The $30 billion US public pension has an 11 percent target allocation to private equity that currently stands at 3.1 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.