Credit/Private Debt
The plan is seeking proposals from private debt managers offering direct lending strategies.
The firm has hired the former director of investments at a mid-Atlantic-based college as a managing director of private markets to provide investment advice, income tax minimization and wealth planning and financial administration solutions.
The foundation added distressed credit, mezzanine debt and hedge fund-of-funds strategies to its portfolios last year.
ACORE Credit Partners II closes with total equity commitments of approximately $1.4 billion.
The retirement plan made commitments within its opportunistic credit and private equity buyout portfolios.
The plan received an international equity structure review at today’s meeting that calls for a public RFP process.
Plan added a $3 million credit commitment last month.
The system is seeking investment consulting services across investment practices and performance as well as general investment and alternatives asset classes.
A state-sponsored endowment based in the South is looking to commit direct lending commitments to one or more managers.
The pension plan will conduct a search for its in-state private markets program and also recently hired a high-yield fixed-income manager.