Searches and Hires

Connecticut eyes $125 million commitment to buyout fund

Connecticut Retirement Plans & Trust Funds, Hartford, is considering committing up to $125 million to Welsh, Carson, Anderson & Stowe XIII, a buyout fund that invests in North American health-care and information technology companies, said Shawn T. Wooden, state treasurer and principal fiduciary of the $34 billion pension fund.

Mr. Wooden announced he is considering making this commitment to the fund at the investment advisory council's April 10 meeting.

A final decision is expected to be made in May.