Credit/Private Debt
The plan retained its general investment consultant and hired two opportunistic credit managers at a special investment board meeting last week.
The plan concluded its consultant search after a due diligence team report last week.
A fund based in the Great Plains region approved a direct lending commitment with a new manager and a private equity commitment with an existing manager at its July board meeting.
Plan hired a systematic trend following manager after its investment committee had elected to table a decision.
The plan disclosed various second quarter commitments in private markets totaling $300 million.
The plan is seeking managers to handle an up to $600 million mandate.
A fund in the Great Plains region will consider direct lending and private equity commitments at its board meeting today.
The plan approved three new private commitments at a board meeting today.
The plan made several private markets commitments last quarter.
The plan committed to two follow-on funds and one new manager.
