Bank Loan
The plan is searching for two managers as part of regulatory requirements.
Plan added a floating rate public debt target as part of asset allocation changes approved at this month’s board meeting.
Plan will review a domestic small-cap value manager at an upcoming meeting while its consultant takes an extra look at a bank loan manager.
Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.
Plan will seek private credit portfolio manager and syndicated bank loan managers in the first quarter.
A Texas fire pension fund made a hire in its bank loan manager search at today’s board meeting.
A West Coast pension plan will issue an RFP for U.S. bank loan managers next year for due diligence purposes.
Plan will interview two firms in a search to fill its 6% target allocation to bank loans next month.
A Texas-based pension plan heard a bank loan allocation as a first step in filling an allocation to the asset class.
A Midwestern pension plan has issued an RFP seeking senior secured loan investment managers.