Institutional investors are finding structured credit and distressed debt as areas of opportunity as they reallocate their portfolios following the financial crisis brought on by the COVID-19 pandemic, according to a recent webinar.
A city pension fund in New England named finalists in its international large-cap equity manager search and made a distressed debt commitment at a meeting today.
A Florida general employees retirement system made $10 million in private credit commitments at its board meeting today and will hear from two additional managers at its June meeting.