Credit/Private Debt
The fund is searching for firms to manage portfolios consisting of private equity, credit and/or real estate.
Plan narrowed a private lending search to three funds for future on-site visits and finalist presentations.
The plan hired an additional domestic large-cap growth equity manager after finalist interviews held at its board meeting today.
The plan approved a credit commitment with an existing manager and a 2021-2024 private equity pacing plan at yesterday’s board meeting.
Plan will consider incorporating new allocations to private credit and private infrastructure in the coming months.
The hires conclude a private credit manager search launched in June.
The plan disclosed four private markets commitments this week.
The plan approved a private debt commitment for pacing purposes at its board meeting today.
A Mid-Atlantic plan disclosed six recent commitments at today’s board meeting.
The plan will dole out $660 million in total to small-cap and micro-cap equity managers.
