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Sign in Sign up for a FREE subscriptionCRPTF plans up to $550m of real estate investments in 2023
The Connecticut Retirement Plans and Trust Funds (CRPTF) is planning to make about $850 million of investments on behalf of its infrastructure and natural resources portfolio in 2023, depending on the growth of the overall fund assets.
A spokesperson with the office of the Connecticut State Treasurer said $150 million is already in the pipeline for the portfolio.
In June, the pension fund was looking to increase its allocation to the infrastructure asset class from 4 percent to 7 percent. The asset class would break off from the current real assets umbrella and be classified as a stand-alone asset class.
