Connecticut Retirement Plans & Trust Funds, Hartford, is considering committing up to $500 million to five alternative investment funds, documents from the $37 billion pension fund show.
At the state investment advisory council's April 23 meeting, Shawn T. Wooden, state treasurer and principal fiduciary of the pension plan, said he is considering committing up to $150 million to Rockpoint Real Estate Fund VI, a value-added real estate fund managed by Rockpoint Group, and $100 million to Altaris Health Partners V, a middle-market health-care private equity fund managed by Altaris Capital Partners.
Mr. Wooden is also considering committing to two upper-middle-market buyout funds focused on the software and services industry managed by HgCapital — $100 million to Hg Saturn 2 and $75 million to Hg Genesis 9.
Also, the state treasurer is eyeing a $75 million commitment to Homestead Capital USA's Farmland Fund III, which targets "farmland properties located throughout the Mountain West, Pacific, Midwest and Delta regions of the U.S.," documents said.