Credit/Private Debt

The plan approved a $100 million commitment on March 22.

Plan decided against a commitment after the two sides failed to negotiate a contract.

The plan will interview two private credit managers next month as part of its annual pacing plan.

The plan is looking to invest up to $30 million with a secondary private equity fund manager.

Upheaval in the markets and our lives due to the COVID-19 pandemic led to a search for investment opportunities by institutional investors – with the credit markets offering a beacon of hope for strong returns during a turbulent time.

A Southwestern retirement system approved real estate and opportunistic credit pacing plans at its joint board of trustees and investment advisory committee meeting yesterday.