The fund’s investments will be primarily encompass directly originated lending opportunities from non-sponsored small and medium-sized businesses.
The plan committed to two firms following finalist interviews held today.
The plan disclosed four private markets commitments this week.
The fund will continue the New York-based firm’s strategy of investing in proven franchises generating $50 million to $750 million of revenue.
A Mid-Atlantic plan disclosed six recent commitments at today’s board meeting.
A fund based in a Western state has hired two investment managers.
An education system in the South approved a private equity commitment with a new manager at its board meeting last month.
The plan authorized the issuance of an RFP as part of a newly approved credit portfolio structure.
He will make private equity investments as well as work with the executive management team on human capital, citizenship, and diversity and inclusion efforts.
The plan made a private equity commitment at a recent committee meeting.