Credit/Private Debt
The European private credit manager has hired its first-ever head of sustainable investing to further deliver on its ESG commitments and develop its sustainable strategies.
The plan agreed to extend a relationship with RVK that dates to 2006.
The retirement system added three private commitments at its board meeting last week.
The plan hired a manager to implement its maiden 3% target to private debt as part of a new asset allocation policy in March.
The finalists will present their middle market private credit strategies next month.
The plan will hire an additional firm in August as part of its multi-asset credit search.
An education system based in a Southern state has approved new investments to hedge fund, credit and real estate strategies.
The three new commitments will total up to $130 million following approval from the full board later this month.
The plan liquidated its inhouse passive global equity mandate and made $1.6 billion in total commitments in April.
The university approved distressed debt and private equity commitments with existing managers within its endowment at its May investment committee meeting.