Credit/Private Debt

Credit/Private Debt
Southern Plan Delays Credit Commitments

A Southern retirement system opted to hold off on two private credit commitments totaling $10 million until further legal review can be conducted.

06.23.20
International / Global / Emerging Markets
Northeast Plan Terminates Int’l Equity Mgr.; Hires PIMCO For Core FI

A Northeast pension plan terminated an international equity manager at today’s board meeting.

06.23.20
Searches And Hires
New England Plan Issues Convertibles Manager, Private Consultant RFPs

A New England state pension fund has begun its convertibles manager and private consultant searches.

06.22.20
Alternatives
Midwest Teachers Bolsters Alternatives Portfolios

A Midwestern teachers pension plan added several alternatives commitments and made multiple redemptions last week.

06.22.20
International / Global / Emerging Markets
Texas Plan Narrows Emerging Markets Search

A Texas pension plan narrowed its emerging markets equity search to three finalists last week.

06.22.20
Credit/Private Debt
Texas Plan Fills Direct Lending Allocation

A Texas pension plan approved a manager hire this week in an effort to fill a new 2.5% allocation to direct lending.

06.18.20
Hedge Funds
Great Lakes Plan Makes Global L/S Manage. Hires

A Great Lakes pension plan hired two global long/short hedged equity managers at today’s board meeting.

06.18.20
COVID-19 News
Foundation To Issue Bond As Response To COVID-19

A large foundation in the Northeast will sell taxable bonds to be used for grantmaking to help strengthen mission-critical social justice and creative expression organizations in the wake of COVID-19.

06.18.20
Credit/Private Debt
New England Plan Makes Credit Commitments

A New England city plan made three credit commitments at its board meeting today.

06.17.20
Alternatives
Southeast Plan Approves Credit Commitment; Eyes PE Fund

A Southeastern pension plan approved a credit commitment at its board meeting today.

06.17.20