Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, United States
Allocation to alternatives: 21.80%
Connecticut Retirement Plans and Trust Funds has agreed to commit $100 million to Oak Street Real Estate Capital’s open-ended 2018-vintage Net Lease Property Fund, a contact at the pension informed PERE.
The $33.26 billion US public pension has a 7.0 percent allocation to real estate that currently stands at 6.60 percent.
As illustrated below, Connecticut has made two other commitments to real estate funds with a 2018 vintage: $75 million to Gerding Edlen Green Cities IV and $100 million to Artemis Real Estate Partners Income & Growth Fund.
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