Credit/Private Debt
The plan added $55 million in commitments across private credit and private equity in the first quarter.
The retirement system disclosed $100 million in alternatives commitments finalized last month.
The plan is looking to invest $50 million in the selected strategy.
The pension plan made an up to $50 million private credit commitment last week.
The corporation is seeking consultants to assess the viability of the organization developing venture debt products.
The fund received educations on the two asset classes at its investment committee meeting last week as part of an ongoing asset/liability study.
The pension system disclosed recent commitments across real estate, private credit and private equity.
The plan committed additional capital to two credit funds at its meeting today.
The fund has committed more than $600 million of capital to acquire a fleet of 62 aircraft.
The retirement system added the two new asset classes as part of a completed asset allocation study.