Credit/Private Debt
The retirement system disclosed roughly $70 million in committed capital across three funds.
Atalaya Capital Management’s acquisition will add approximately $10 billion in assets under management to Blue Owl Capital.
The plan also hired an international small-cap equity manager after finalist interviews.
The pension plan hired a private debt manager and a private equity fund-of-funds manager to each handle 2% allocations in February.
The retirement fund disclosed commitments totaling roughly $2.1 billion in May.
The commitment was made in accordance with its pacing plan for the asset class.
The pension plan will conduct an invitation to bid to fill its 25% public real return allocation.
The plan is seeking a firm to advise on future private credit investments proceed to make investments.
The plan will also receive presentations for potential real estate and private credit commitments at its next meeting.
The pension plan will aim to commit $3.1 billion total to private equity and opportunistic/diversified strategies in fiscal year 2025.