Connecticut Retirement Plans and Trust Funds‘ treasurer is considering an investment of up to $65 million in Basis Investment Group Real Estate Fund I. The fund will originate and acquire debt and preferred equity primarily for stabilized and transitional commercial real estate assets located throughout the United States.
The $33 billion US public pension has a 7 percent target allocation to real estate.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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