The Connecticut Retirement Plans and Trust Funds (CRPTF) private market portfolio is adding a $425 million co-investment program to its private equity, private debt and real assets portfolios in a bid to widen its investment options with existing and new alternatives managers.
Much of the program will be managed by HarbourVest. Connecticut State Treasurer Shawn T. Wooden recommended $150 million to each of the Connecticut Co-Investment Fund and Connecticut Private Debt Fund over an initial three-year commitment period with HarbourVest.
The $80 billion HarbourVest’s management of the Connecticut Co-Investment Fund . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.