Credit/Private Debt
The plan hired one firm to handle both general investment and alternatives consulting services.
The plan will pick up discussions on private credit next month after making maiden private equity commitments in March.
The commitments include two new relationships for the plan.
The plan approved new credit, venture capital and real estate commitments as well as several changes to its target asset allocation last week.
The plan made commitments across private equity, private credit and real estate as part of its annual pacing plan.
Plan committed to direct lending, infrastructure and real estate strategies with existing managers yesterday.
Plan invested with two international equity managers and a direct lending manager yesterday.
The plan committed $105 million for pacing purposes.
Plan retained its incumbent consultant over proposals from four other firms.
The fund invests in opportunistic and special situation private credit transactions across multiple industries.
