About $180m of commitments on the cards at Connecticut Retirement Plans


Connecticut Retirement Plans & Trust Funds has reportedly agreed two private equity commitments totaling $90m, while another €75m investment is also being considered.

State treasurer and principal fiduciary of the fund Denise Nappier made the announcement at the pension fund’s investment advisory council meeting on July 11 according to P&I.

It said CRPTF agreed to commit up to $50m to Balance Point Capital Partners III and up to $40m to RFE Investment Partners IX.

The $34bn pension fund is also considering a €75m commitment to Intermediate Capital Group’s ICG Europe Fund VII, a mid-market mezzanine fund, it added.

Earlier this year AltAssets reported that the LP had invested $75m in Anchorage Illiquid Opportunities VI, a credit fund managed by Anchorage Capital Group.

EQT and Siris Capital has also reportedly secured commitments from the pension fund totalling $130m.

The pension fund had a nine per cent allocation to private equity investments at the end of last September.

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