Gerald Noering
Illinois Police Officers' Pension Investment Fund is seeking a private credit investment manager.
Pension fund staff recommended $20m commitments to three funds.
Kern county has increased their projected commitments to the asset class.
Michigan confirmed commitments to Irradiant Partners and HarbourVest Partners.
The largest of the commitments was to a Jefferies Direct Lending separately managed account.
The public pension confirmed a $20m commitment to Charlesbank Credit Opportunities Fund III during a recent board meeting.
The $250m commitment has been made to a distressed debt fund.
The Los Angeles Fire & Police Pension Systems hired Stepstone as an adviser earlier this year.
It allocated 5 percent of its investment portfolio towards private debt.
The public pension has approved a commitment to an Hg vehicle focused on senior corporate debt.