Credit/Private Debt
The plan made three follow-on commitments at this week’s board meeting.
The plan disclosed an up to $20 million private credit commitment last month.
The plan committed to an existing private debt manager relationship in March.
The plan will conduct a search for multi-asset class credit investment strategies.
The plan is looking to commit $100 million to a newly established credit hedge fund.
The plan will conduct searches in several fixed-income and credit sectors following a portfolio restructure stemming from an overall asset/liability study.
The private debt commitment was made for pacing purposes.
The plan made a $50 million commitment after interviewing finalists at today’s meeting.
The plan disclosed recent commitments from both the public and private markets.
The plan approved a $50 million commitment at a meeting today.