Connecticut state treasurer Shawn Wooden has disclosed five fund commitments on behalf of Connecticut Retirement Plans and Trust Funds (CRPTF).
The round of commitments included a $100 million investment in the IPI Partners II Fund, a data center fund managed by IPI Partners; and a $50 million investment in the TruAmerica Workforce Housing Fund, a vehicle sponsored by Los Angeles–based multifamily real estate firm TruAmerica Multifamily Investments.
IPI Data Center Partners Fund II launched earlier this year and is targeting a mixture of stabilized and value-add assets, primarily in the United States. It also will invest in some build-to-suit development projects. The fund has a target size of $1.5 billion in capital commitments.
Baltimore Fire and Police Employees’ Retirement System committed $15 million to the vehicle in October.
The value-add TruAmerica Workforce Hou
