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Investors - NOVEMBER 17, 2021

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CRPTF makes $100m to multifamily fund

by Andrea Zander

The Connecticut Retirement Plans and Trust Funds (CRPTF) has made a commitment to a real estate investment fund, announced Connecticut State Treasurer Shawn Wooden at last week's Investment Advisory Council meeting.

Investments included committing $100 million to Cityview Real Estate Partners VII, an investment opportunity within the CRPTF's real assets allocation focused on generating value-add returns in the multifamily sector by targeting multifamily assets in high-growth markets and middle-income renters.

The commitment is part of the pension fund’s long-term strategic investment plan.

For more fund information, click here for IREI.Q.

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