This week the $42 billion Connecticut Retirement Plans and Trust Funds board was told of several new investments in real assets and private equity portfolios totaling more than $450 million.
ICG Europe Fund VIII ($177 million) and Strategic Value Special Situations Fund V ($150 million) were approved within private equity commitments. Another $125 million was set aside for the Basis Investment Group Real Estate Fund II within the real assets allocation.
“These new commitments within our private equity and real assets portfolios are part of our long-term strategic investment plan,” said Connecticut State . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators