Connecticut Retirement Plans & Trust Funds, Hartford, committed a total of $150 million to two buyout funds and is considering committing a total of $75 million to a credit fund, said Denise L. Nappier, state treasurer and principal fiduciary of the $34.2 billion pension fund.
At the investment advisory council meeting Wednesday, Ms. Nappier announced a commitment of up to €80 million ($100 million) to EQT VIII and up to $50 million to Siris Partners IV, managed by Siris Capital Group.
The commitments are contingent upon successful negotiation of the partnership documents.
Ms. Nappier also announced at the meeting that she is considering committing up to $75 million to Anchorage Illiquid Opportunities Fund VI, a credit fund managed by Anchorage Capital Group.
EQT and Anchorage would be new relationships. The pension fund had a 9% allocation to private equity as of Sept. 30, according to Pensions & Investments data.
Ms. Nappier announced on Jan. 3 that she will not seek re-election as state treasurer this year.