Credit/Private Debt
The pension plan’s investment committee approved four commitments totaling $275 million last week.
The pension plan made $512.9 million in total private equity commitments and $90 million in total real estate commitments in the second quarter.
The fund is seeking a single platform to handle a minimum 3% allocation following search approval at today’s board meeting.
The plan added $10 million to senior direct lending across two commitments last month after making two similar commitments one month earlier.
The plan disclosed recent private equity, private credit and real estate commitments.
The RFPs are a result of a new asset allocation approved in May.
The retirement system disclosed roughly $70 million in committed capital across three funds.
Atalaya Capital Management’s acquisition will add approximately $10 billion in assets under management to Blue Owl Capital.
The plan also hired an international small-cap equity manager after finalist interviews.
The pension plan hired a private debt manager and a private equity fund-of-funds manager to each handle 2% allocations in February.