![pdi](https://www.privatedebtinvestor.com/wp-content/themes/Newspaper-child/images/modal/modalheader-pdi-rebrand.png)
Saba Abdo
The Welsh public pension fund is set to increase its private credit allocation to 5%, funded by a reduction in public equities, signalling a new strategic direction.
The fund will target debt opportunities within private equity in North America.