Connecticut State Treasurer Shawn Wooden is considering an allocation of up to $100 million to Tiger Infrastructure Partners Fund III on behalf of the Connecticut Retirement Plans and Trust Funds.
The fund would seek to generate returns in middle-market infrastructure assets and companies in the communications, energy transition and transportation sectors, primarily within the United States and Europe.
As of November 2021, Tiger Infrastructure Partners had secured $465 million for its third fund, against an unknown fundraising target.
“An investment in Tiger III would provide the Connecticut Retirement Plans and Trust Funds with exposure to a differentiated focus on investments in smaller, high-growth infrastructure opportunities,” said Wooden.