Credit/Private Debt
The plan heard pacing plans for its private equity, private credit, real asset and real estate asset classes.
He is responsible for capital development and managing relationships with institutional investors.
The plan started with a $3 million commitment to the space and may look to add a second commitment later.
The plan will receive finalist presentations from three liquid multi-sector credit managers and three semi-liquid multi-sector credit managers over the next two months.
The fund has deployed $1.6 billion in investments as of Dec. 31.
The plan approved a total of up to $25 million to two funds at its board meeting today.
The plan is looking to invest $600 million in non-core and core real estate managers.
The plan made private credit and private equity commitments for pacing purposes at yesterday’s board meeting.
Global asset manager starts credit platform for renewable energy companies.
