Credit/Private Debt

Plan’s investment committee approved a commitment to the most recent fund with an existing relationship.

The transaction is expected to close by year-end.

Plan will issue an RFP moving forward after approving a new global credit allocation last week.

The plan approved two private markets commitments after deliberations in closed session.

A university foundation based in the Midwest added private equity, private credit and real assets commitments to its long-term endowment pool at its board meeting last month.

Plan added more than $1.5 billion in new alternatives commitments in the third quarter.