Credit/Private Debt
A Mid-Atlantic county’s pension board approved a value-add real estate investment last week.
A Southwestern pension plan has added a pair of alternatives commitments.
A Southern trust fund has issued its RFP seeking a real estate debt manager following its fourth quarter approval.
A California county pension plan hired an illiquid credit manager at its December meeting.
A pension fund in the South has begun its search for a domestic mid-cap value equity manager.
Nonprofits should focus on the purpose various alternative asset classes serve in their portfolio across market cycles as the unprecedented bull market continues into 2020, industry experts say.
A pension fund on the West Coast has disclosed seven alternatives commitments.
A Mid-Atlantic county plan will interview a value-add real estate manager this month and will also have further discussions on private debt candidates.
A Colorado based plan has liquidated a floating rate debt investment.
Expectations for the equity and bond markets in 2020 continue to be cautiously optimistic after a 2019 market that left bearish investors wishing they had kicked that sentiment down the road a year or two.
While many do not expect the market to perform in 2020 quite like it did in 2019, nonprofit investors are still not expecting their real spending targets to come under heavy pressure in the near-term as they gauge the economic cycle and its ability to sustain its growth trajectory.
