Credit/Private Debt
A Northeast pension plan hired a securitized credit manager and an investment grade corporate credit manager today.
A Michigan-based retirement plan is making a redemption as it eyes opportunistic credit opportunities later this year.
A state pension fund in the Southwest has made a slew of private commitments.
A Northeastern state pension plan has disclosed several alternatives commitments made in March.
A New England pension plan has begun a distressed debt manager search
A Midwestern plan made a private credit commitment to take advantage of the distressed bond market.
A Mid-Atlantic state plan has disclosed recent credit and real assets commitments from the last two months.
Institutional investors are eyeing distressed debt and opportunistic credit as key sources for investment opportunities as the global market grapples with a health crisis that has impacted every corner of the business world, leaving many companies in need of refinancing existing debt, restructuring or taking on new lines of credit to keep their lights on.
A Western state trust fund approved new asset allocation targets and manager changes this month.
A city pension fund in New England will initiate a distressed debt manager search.
