Credit/Private Debt
The investments are the plan’s first in the private credit space.
The plan’s investment consultant is recommending discussions on areas such as real estate, infrastructure, private equity and direct lending.
Plan’s investment committee approved three private lending commitments this week.
Plan committed $50 million to a special opportunities credit commitment today.
The team will be responsible for bringing access to the broad private placement marketplace.
A Western health trust fund has posted an RFP for investment consulting services.
The plan hired a long/short equity manager as part of a new asset class structure.
A Midwestern pension plan concluded its private credit search at today’s board meeting.
The fund has invested or committed to invest approximately 70% of its capital in a mix of opportunities across geographies, sectors and asset classes.
The plan will also create a 5% private debt target as part of a new asset allocation.
