The $44.1 billion Connecticut Retirement Plans and Trust Funds is considering an equity commitment to Crow Holdings Realty Partners VIII, according to its Nov. 8 board meeting agenda documents.
A final decision to approve the commitment will be made at the pension fund’s next investment advisory council meeting on Dec. 13.
Consistent with CHC–Real Estate’s prior funds, Crow Holdings Realty Partners VIII is expected to pursue an investment strategy focused on acquiring a diverse portfolio of assets that generates current income and benefits from capital appreciation. The fund is expected to acquire investments in various asset classes including industrial, retail, office, multifamily, hotel, self-storage, and convenience stores and gas stations. Investment strategies include both the acquisition of existing assets and new development.
The fund’s predecessor, Crow Holdings Realty Partners VII,
