Connecticut Retirement Plans & Trust Funds, Hartford, committed $75 million to an infrastructure fund and is considering committing a total of $110 million to two others, said Denise L. Nappier, state treasurer and principal fiduciary of the $31.5 billion pension fund.
At the investment advisory council meeting Wednesday, Ms. Nappier announced a commitment of up to $75 million to ISQ Global Infrastructure Fund II, an alternative investment fund managed by I Squared Capital, which focuses on middle-market opportunities in the energy, utilities and transportation sectors. The commitment is contingent upon successful negotiation of the partnership documents.
Also at the meeting, Ms. Nappier announced she is considering an investment of up to $75 million to Crow Holdings Realty Partners VIII, a real estate fund managed by Crow Holdings Capital Partners, and an investment of up to $35 million to Aldrich Capital Partners Fund, a private investment fund that focuses on lower-middle-market opportunities in the health-care information technology, financial technology and application software sectors.
