Credit/Private Debt

Plan rescinded one of two distressed debt commitments it approved earlier this month after failing to come to terms.

A fund based in the Midwest approved recommendations from its general investment consultant to add new core bond and multi-sector fixed-income strategies at its board meeting this week.

A pension fund in the South will soon invest in credit and non-core real estate managers after adopting new targets to the asset classes.

A Northwestern state fund approved a private equity commitment and disclosed additional commitments totaling $1.6 billion at its board meeting yesterday.

A fund in the South approved commitments totaling $70 million to two domestic direct lending managers at its board meeting last week.

A pension fund in New England will soon launch searches for fixed-income, private debt and real estate managers.