Johnny Madrid
The pension has a 16% target allocation to private credit through 2027, representing an aggregate of $7.2bn.
Capitala Group, coming off a $1 billion fundraise that was finalised last month, now plans to launch three new funds this summer that will target another $1 billion, including leverage.
The Chicago-based lender places bets in the commercial hardware, corporate legal and life sciences sectors.
The buyout shop, which has offices in New York and London, landed a $75m commitment from a Massachusetts pension fund.
New Hampshire adds $50m to Monroe Capital’s latest private credit fund.
The write-downs mainly came from three equity positions and one debt investment.