Credit/Private Debt
Plan’s investment committee approved three private lending commitments this week.
Plan committed $50 million to a special opportunities credit commitment today.
The team will be responsible for bringing access to the broad private placement marketplace.
A Western health trust fund has posted an RFP for investment consulting services.
The plan hired a long/short equity manager as part of a new asset class structure.
A Midwestern pension plan concluded its private credit search at today’s board meeting.
The fund has invested or committed to invest approximately 70% of its capital in a mix of opportunities across geographies, sectors and asset classes.
The plan will also create a 5% private debt target as part of a new asset allocation.
The plan also made two private markets hires earlier this year.
Plan is mulling a new allocation to global credit as part of a review of its fixed-income portfolio.
