Connecticut slates $125m each for Artemis, IPI Partners funds

Connecticut state treasurer Shawn Wooden has approved two commitments of $125 million each to Artemis Real Estate Partners Fund IV and IPI Partners Fund III.

Artemis Real Estate Partners Fund IV opened in March with a $1.5 billion fundraising target. The fund will make value-add investments across property types, including apartment, office, industrial, healthcare, self-storage, hotel and retail assets.

IPI III acquires, develops, leases and operates data centers and related assets that serve the digital capacity needs of large, high-quality technology companies globally. The fund is targeting stabilized assets as well as some build-to-suit development projects, primarily in the United States.

In September, the investments were under consideration for Connecticut’s private real estate portfolio.

“With the addition of these diversif