Credit/Private Debt
The pension fund approved the search at last week’s board meeting.
The retirement system also disclosed several private markets commitments.
The plan also approved a maiden infrastructure manager hire at today’s board meeting.
The pension fund will also receive presentations from a pair of infrastructure managers and a credit manager for potential commitments in September.
The plan is also expected to hire high-yield and investment grade bond managers later this year.
The plan approved commitments totaling $160 million across four funds in April and May.
The commitments were made to two existing managers.
The retirement systems also disclosed co-investments yesterday.
The retirement system also recently approved a maiden private credit commitment.
The plan will commit an additional $60 million to private markets this year.
