Investors - JANUARY 14, 2022

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Connecticut puts $150m in Landmark Partners real estate funds

by Kali Persall

Connecticut State Treasurer Shawn Wooden has announced multiple investment decisions representing more than $800 million in additional commitments on behalf of the Connecticut Retirement Plans and Trust Funds (CRPTF). These included a real estate commitment with Connecticut manager Landmark Partners.

Wooden decided to commit $100 million to Landmark Real Estate Partners IX (LREP IX) and $50 million to a sidecar vehicle that will invest in real estate secondary market opportunities and coinvest alongside LREP IX.

In other news, Wooden also committed $100 million to Landmark Equity Partners XVII (LEP XVII) and $50 million to a coinvestment sidecar vehicle that will invest in private equity secondaries.

Wooden said these investment opportunities will provide the CRPTF with additional exposure to Landmark, which combines more than two decades of private markets secondary investment experience, innovative transaction structuring and proprietary analytics to generate

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