Connecticut confirms $175m in commitments

The US public pension has backed vehicles managed by Hollyport Capital.

Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, US
AUM:
 $44 billion
Allocation to alternatives: 22.9%

Connecticut Retirement Plans and Trust Funds confirmed $175 million-worth of commitments across two funds managed by Hollyport Capital, according to the pension’s January meeting minutes.

Connecticut committed $125 million to Hollyport Secondary Opportunities VIII and an additional $50 million to Hollyport Secondary (Overage Fund). Both vehicles will invest into the secondaries market globally.

At the meeting, the pension also revealed that they were considering committing to Georgian Alignment Fund II, managed by Georgian Partners.

The $44 billion US public pension’s recent infrastructure commitments, as illustrated below, have focused on vehicles with diversified sector focuses.

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