Credit/Private Debt
The firm recently held the initial close of its flagship fund as it looks to complete its $500 million fundraise for the strategy in 2026.
The pension plan disclosed commitments totaling roughly $778 million in the third quarter.
The plan disclosed new commitments totaling $525 million at its board meeting last week.
The commitments conclude a private credit RFP search process that was launched in September.
The firm has completed fundraising for its fifth debt strategies fund, raising $2.15 billion in equity commitments.
The plan approved more than $1.8 billion in commitments at today’s board meeting.
The plan approved two commitments as part of its private credit pacing plan at a meeting today.
The retirement system’s most recent commitments totaled $615 million across four funds.
The plan made three commitments after interviewing firms in closed session last month.
The retirement fund terminated two equity managers and disclosed commitments totaling $1.7 billion in August.