Connecticut Retirement approves $170m in commitments

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

Connecticut Retirement Plans and Trust Funds has approved commitments of up to $75 million to Clearlake Capital Partners V and up to €80 million to BC European Capital X.

The $33 billion US public pension has an 11 percent target allocation to private equity that currently stands at 8.9 percent.

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