Connecticut approves $200m commitment

The US public pension has backed IFM Investors' open-ended global infrastructure fund.

Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, United States
AUM: $34.10bn
Allocation to alternatives: 22.0%
Bitesize: $50-100m

Connecticut Retirement Plans and Trust Funds has agreed to commit $200 million to IFM Investors’ open-ended Global Infrastructure Fund, a contact at the pension informed Infrastructure Investor.

The $33.10 billion US public pension invests in infrastructure through its 8.20 percent absolute return and real assets portfolio.

As illustrated below, this is Connecticut’s second big-ticket infrastructure fund commitment in 2019, having previously committed $200 million to Global Infrastructure Partners IV in July.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.