Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, US
AUM: $46.1 billion
Allocation to private equity: 11.5%
Connecticut Retirement Plans and Trust Funds has approved $575 million in commitments across five private equity vehicles according to a press release after Connecticut’s May investment advisory council meeting.
The US pension fund has committed $200 million to K6 Private Investors, $150 million to JFL Equity Investors VI, $100 million to One Rock Capital Partners IV, $50 Million to One Rock Emerald Fund and $75 million to HG CT1.
Connecticut made a previous commitment of $75 million to Hg‘s co-investment fund in 2021, which makes its overall commitment to the fund to $150 million.
The pension fund has a current allocation of 11.5 percent for private equity, which is under its target allocation of 15 percent.
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