Credit/Private Debt
The retirement system added direct lending and core real estate commitments at today’s board meeting.
The community foundation added three private credit strategies, including to with new managers, to its investment portfolio during the first quarter.
The retirement system added a direct lending commitment and three private equity commitments on July 3.
The plan also received a work plan from its newly hired general investment consultant.
The fund is looking to fill four mandates for a total of $1 billion.
The pension fund committed $50 million between a pair of infrastructure secondaries managers last week.
The pension fund interviewed three finalists at a special board meeting this week.
The commitments made earlier this month include a first-time manager for the plan.
The retirement system added $350 million in alternatives commitments in the first quarter.
The pension plan made commitments totaling $110 million last week.