Connecticut agrees $200m commitment

The US public pension has backed GIP's fourth global infrastructure fund.

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Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, United States
AUM: $33.26bn
Allocation to alternatives: 21.80%
Bitesize: $50-100m

Connecticut Retirement Plans and Trust Funds has agreed to commit $200 million to Global Infrastructure Partners IV, a contact at the pension informed Infrastructure Investor.

As illustrated in the charts below, the $33.26 billion US public pension has only made one other infrastructure fund commitment since 2014: $75 million to ISQ Global Infrastructure Fund II in November 2017.

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