Credit/Private Debt
The plan will target three private credit funds each year for the next three years.
A Mid-Atlantic plan disclosed $500 million in recent private markets commitments at this week’s board meeting.
Action will see plan expand its emerging manager program target to $1 billion from $750 million.
The plan began searching for managers after increasing its target to the asset class.
The private commitments include two to new firms and one to an existing manager.
A teachers pension fund in the South has earmarked $630 million to real assets and private equity.
A Southern teachers pension plan approved two private markets commitments at a meeting this week.
A Southeastern state pension plan disclosed several new private commitments at a board meeting today.
A university based in the Midwest has adjusted its retirement plans asset targets.