Credit/Private Debt
The plan also made a private credit commitment at today’s board meeting.
The pension fund approved the search at last week’s board meeting.
The retirement system also disclosed several private markets commitments.
The plan also approved a maiden infrastructure manager hire at today’s board meeting.
The pension fund will also receive presentations from a pair of infrastructure managers and a credit manager for potential commitments in September.
The plan is also expected to hire high-yield and investment grade bond managers later this year.
The plan approved commitments totaling $160 million across four funds in April and May.
The commitments were made to two existing managers.
The retirement systems also disclosed co-investments yesterday.
The retirement system also recently approved a maiden private credit commitment.
