To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionCRPTF considers increase to real estate
The Connecticut Retirement Plans and Trust Funds (CRPTF) is mulling an allocation increase to its real estate and infrastructure asset classes, IREI has learned.
CRPTF would increase its real estate allocation from 10 percent to 12 percent and increase its infrastructure allocation from 4 percent to 7 percent. Both asset classes would break off from the current real assets umbrella and be classified as stand-alone asset classes.
The pension fund could not be reached to comment on this matter at the time of publication.
In August 2021, Edward Wright was appointed CIO of Connecticut Retirement Plans and Trust Funds (CRPTF), following a highly competitive national search. He replaced Laurie Martin, who resigned in January for a finance role at Baystate Health in Massachusetts.