Connecticut Retirement Plans & Trust Funds, Hartford, authorized a $75 million commitment to Lone Star Real Estate Fund II and a $60 million commitment to private equity fund EIG Global Energy Fund XV, subject to contract negotiations.
Connecticut state Treasurer Denise Nappier approved both commitments on the recommendation of the Investment Advisory Council, which advises the state treasurer on investment policies, confirmed Christine Shaw, Ms. Nappier’s chief of staff. Ms. Nappier is the principal fiduciary for the $25 billion state pension system, which consists of six state pension funds and eight state trust funds.
M. Timothy Corbett, the pension system’s chief investment officer, had recommended both commitments.
