Justin Slaughter
.jpg "SDCERA increases max Oaktree commitment to $700m")
The Southern California pension plan authorised the increase to a mandate it has had for over two decades.
The junior debt market is getting crowded and anxious about regulation, but reports of its death may be greatly exaggerated.
With disclosure and cybersecurity issues coming to the fore, fund administrators are increasingly looking for ways to innovate and prioritise their technology platforms.
Some of the private debt market’s biggest fund managers showed strong fundamentals in Q3 2016.
The junior debt market is getting crowded and anxious about regulation, but reports of its death may be greatly exaggerated.
The firm said they will endure any regulatory or market changes in 2017.
The pension fund released a request for proposals for firms to oversee $40m in commitments.
The California-based pension also eliminated its bond and currencies strategy.
With disclosure and cybersecurity issues coming to the fore, fund administrators are increasingly looking for ways to innovate and prioritise their technology platforms.
Management cited a commanding performance in 2016 and is optimistic about impending US policy changes.