Credit/Private Debt
A California plan added credit and private equity commitments at yesterday’s board meeting
A Virginia-based pension plan shifted assets from its private credit portfolio and added two commitments at its board meeting yesterday.
The plan will interview three finalists for its large-cap growth search.
Appointee will be based in firm’s office in Seoul, South Korea.
Kudu Investment Management is acquiring a minority stake in a Canadian private credit firm and its affiliates
A Midwestern pension plan will consider approving a defensive equity search at this month’s board meeting.
The plan agreed to advance RFPs for an illiquid credit emerging manager program and passive fixed-income manager.
They will source investment opportunities, support portfolio companies and scale the firm’s business development companies, the private credit fund and the secured lending fund.
The plan made five alternatives commitments in July.
Plan will relaunch a search for private credit after reevaluating initial criteria and formally discontinued a bank loan search with no current plans to relaunch.