Connecticut approves $75m to H/2 real estate fund
The $31.5 billion Connecticut Retirement Plans & Trust Funds has approved the previously reported $75 million commitment to H/2 Special Opportunities Fund IV, according to spokeswoman Linda Tudan.
H/2 Special Opportunities Fund IV, managed by H/2 Capital Partners, focuses on U.S. assets with high-quality real estate debt. A final decision will be made at the pension fund’s next investment meeting. The fund has raised $1,437.5 billion so far and seeks to raise a maximum $2 billion in equity commitments.
The fund’s predecessor, H/2 Special Opportunities Fund III, held a $1,495.4 billion final close in 2015.
In additional news from its June 14 meeting, Connecticut is considering a commitment of up to $65 million to Landmark Real Estate Partners VIII. Landmark Real Estate Partners VIII is an oppor