Connecticut Retirement Plans & Trust Funds, Hartford, committed a total of $150 million to two alternatives funds. Shawn T. Wooden, state treasurer and fiduciary of the $40 billion state pension system, announced at the state's investment advisory council Wednesday his decision to commit $100…
UpdatedMon, Apr 19, 2021 at 8:04 am ET
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April 19, 2021
At last week s Investment Advisory Council (IAC) meeting, Connecticut State Treasurer Shawn T. Wooden announced his decision to commit $100 million to the BlackRock Global Renewable Power Fund III, a renewable power generation infrastructure asset and $50 million to Rubicon First Ascent, L.P., a value add real estate asset. Treasurer Wooden also announced his decision to commit $38 million to Icon Partners II, L.P., and $11.5 million to Icon Partners III, L.P., both of which are fund extension opportunities within the CRPTF s private equity allocation. Connecticut s first credit rating upgrade in over 20 years, historic high Budget Reserve Fund, and strong cash position continues to put the State on a stronger financial footing, said State Treasurer Shawn Wooden. Due to our continued focus on fiscal sustainability and prudent decision making, the CRPTF has been able to focus on committing capital to those managers th
Connecticut earmarks $200 million to 4 alts funds pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.