Credit/Private Debt
The plan will dole out $660 million in total to small-cap and micro-cap equity managers.
The plan authorized the issuance of an RFP as part of a newly approved credit portfolio structure.
The plan hired one firm following finalist interviews at a special meeting held today.
The plan made private equity and private credit commitments in the third quarter.
The fund will provide financing to enterprise software businesses.
The platform will invest in high quality senior secured loans in the U.S. and Europe.
Plan will interview four finalists apiece in its private debt and private equity searches.
Plan made several real estate, private equity and credit commitments in recent months.
Plan will add three commitments across credit and real estate following review at today’s state investment council meeting.
