Connecticut Retirement Plans & Trust Funds, Hartford, made three new commitments totaling up to $775 million.
Shawn T. Wooden, state treasurer and principal fiduciary of the $43 billion state pension system, announced at the state's investment advisory council Wednesday his decision to commit a total of up to $600 million to a private credit partnership with Crescent Capital Group, which will consist of two customized separate accounts that will make direct investments in private credit and select hybrid credit opportunities.
Mr. Wooden also announced a commitment of up to $100 million to CityView Real Estate Partners VII, a multifamily housing fund, and a commitment of $75 million to Ironwood Capital Management V, a private credit fund.
In addition, Mr. Wooden is also considering committing up to $100 million to Constitution Fund V – Series F, a venture capital fund of funds managed by Fairview Capital Partners.
