Credit/Private Debt
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.
The new firm will specialize in private and alternative credit.
He has founded a new firm to provide impact-driven capital.
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.
A Texas plan has hired an emerging manager to replace a domestic small-cap value equity account and graduated the same firm out of its emerging manager program.
A state pension fund in the Mid-Atlantic region will begin a consultant search in anticipation of the impending contract expiration of its incumbent.
A Southern fund will consider two domestic direct lending managers to handle a private debt mandate between $50 million and $70 million following the issuance of an RFP in September.
Plan added investments in distressed debt and high-yield fixed-income in successive months in the third quarter.
