Connecticut adds $800m to private markets
Connecticut Retirement Plans and Trust Funds added three managers to its private credit and real assets programs even as State Treasurer Shawn Wooden announced private equity investments under consideration.
Investments included two private credit commitments. The Crescent Private Credit partnership received a $600 million commitment, while Ironwood Capital Management V is slated to receive $75 million.
Additionally, $100 million will be moved to Cityview Real Estate Partners VII, an investment opportunity with the $42 billion pension fund’s real assets allocation. The strategy is focused on generating returns in the multi-family sector by targeting . . .
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