Searches and Hires

Connecticut eyes $65 million commitment to Basis Investment Group real estate fund

Connecticut Retirement Plans & Trust Funds, Hartford, is considering committing up to $65 million to Basis Investment Group Fund I, a real estate fund, said Denise L. Nappier, state treasurer and principal fiduciary of the $34.2 billion pension fund.

Ms. Nappier announced she is considering making this commitment to the fund at the investment advisory council's meeting Wednesday.

The pension fund had a 6.9% allocation to real estate as of Sept. 30.