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 . . .