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FS Investments today announced the final closing of its first opportunistic credit fund.
The administrator would be responsible for a deferred compensation plan and a health savings plan.
The plan introduced a 5% target to private debt and restructured its U.S. fixed-income and both U.S. and non-U.S. equity portfolios last week.
The plan’s board is slated to approve Wilshire as its new general investment consultant this week.
The addition of Angelo Gordon will make a “significant expansion” into credit investing for TPG.
FIN Searches data finds the fixed-income space saw a hike in activity during the first quarter, which the industry believes can be attributed in part to the high interest rate environment.
The borough is seeking the services for its two pension plans totaling roughly $11.5 million.
The bill will now advance to the Ohio House of Representatives.
The plan added two commitments totaling up to $80 million in the first quarter.
The plan made commitments totaling up to $321.4 million this week and was informed of a private equity co-investment.