Credit/Private Debt

A global consulting firm suggests healthcare organizations “with the appropriate appetite” diversify away from U.S. Treasury bonds and invest in opportunistic credit funds, private debt and hedge funds to reduce risk and enhance return, according to a recent white paper.

A Texas plan has added a pair of private equity commitments and a real estate commitment this week.

A Texas-based firefighters plan has hired a private assets consultant following a search.

A Midwestern state plan has begun a search for domestic small-cap equity managers.

A Southern trust fund has issued its RFP seeking a real estate debt manager following its fourth quarter approval.

A California county pension plan hired an illiquid credit manager at its December meeting.