A Florida-based pension fund hired a private credit consultant to assist with implementing its new target to the asset class at its board 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.
UBS Asset Management continues to take steps to climb out of the hole its Trumbull Property Fund finds itself in as poor performance has left the industry’s largest core real estate fund with redemption queues of more than four years.