Connecticut State Treasurer Shawn Wooden announced another $650 million in approved investment commitments last week for the $43 billion Connecticut Retirement Plans and Trust Funds (CRPTF).
Within private equity, Wooden approved a $100 million commitment to Reverence Capital Partners Fund V, a mid-market buyout fund with a primary focus on the financial services sector.
Two managers were selected in the private credit portfolio. Officials committed $250 million to invest alongside the Fortress Lending Fund strategy. Sixth Street Lending Partners received a $300 million mandate. Both senior lending strategies are focused on North America . . .
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