Connecticut approves commitment of up to $150m

The public pension has approved a commitment to an Hg vehicle focused on senior corporate debt.

Institution: Connecticut Retirement Plans and Trust Funds
Headquarters: Hartford, US
AUM: $46.1 billion
Allocation to private debt: 3.4%

The Connecticut Retirement Plans and Trust Funds has approved a new commitment of up to $150 million to Hg Titan 2, according to recent board documents.

Connecticut has previously committed to other Hg vehicles including their previous offering, Hg Titan, which raised $1.2 billion. Both Hg Titan and Hg Titan 2 target senior corporate debt in North America and Europe.

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