Credit/Private Debt
A Mid-Atlantic pension plan approved a 2021 private markets pacing plan at today’s board meeting.
The plan rehired consultants for its private markets portfolio following a review process.
Alternatives will play an even more critical role in helping nonprofits reach spending plus inflation targets in 2021 as they seek income and downside protection that low-yielding bonds markets and equity markets cannot.
A Midwestern plan agreed to conduct a venture capital search and added two commitments at its board meeting yesterday.
A Southern pension plan will consider a recommendation to consolidate portions of its passive domestic equity portfolio at its board meeting in March.
Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.
Advisor’s management team will join a new platform at the private credit firm.
The Northeastern plan will issue an RFP “to see what else is out there.”
Retirement will see the emerging market debt strategy’s co-portfolio manager take on the responsibility solely.
A fund in the Midwest approved two credit commitments at its December board meeting in a shake-up of its fixed-income portfolio.
