Insight

Connecticut Retirement strengthens relationship with Vistria

The US public pension committed to Vistia's latest buyout fund.

-

Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, US
AUM: $46.1 billion
Allocation to private equity: 11.6%

Connecticut Retirement Plans and Trust Funds confirmed a $175 million commitment to Vistria’s latest buyout fund, a source at the pension told affiliate title Private Equity International.

Vistria Fund V will invest into companies in North America across the financial services and healthcare sectors. The pension has invested consistently into Vistria managed funds, committing $50 million to Vistria Fund III and $150 million to Vistria Fund IV.

Connecticut has a 11.6 percent allocation to private equity, valued at $5.4 billion as of December 2022. As illustrated below, the $46.1 billion US pension’s recent private equity commitments have primarily focused on North American vehicles seeking buyout-styled returns.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments