Credit/Private Debt
The retirement fund disclosed commitments totaling $4.5 billion in September.
The plan added commitments in the private equity, credit and real estate asset classes.
The pension plan has not had consultant coverage for private equity, private debt and private infrastructure.
The plan disclosed new private commitments made in recent months.
The plan recently approved establishing new targets to infrastructure and private credit.
The credit arm of an investment manager is acquiring a venture debt manager in a deal expected to close in the fourth quarter.
The plan is also conducting a consultant search for informational purposes.
The commitments include two new relationships for the council.
The plan hired an emerging manager consultant this summer.
The plan will receive presentations from a credit manager and a farmland manager in the coming months.