Institution: Border to Coast Pensions Partnership
Headquarters: Leeds, UK
AUM: £46 billion ($64 billion; €53 billion)
Border to Coast Pensions has announced $632.3 million-worth of fund commitments across six private debt vehicles, according to a recent press release.
The commitments comprised of $125 million to GSO Capital Opportunities IV, $104 million to HPS Mezzanine Partners 2019 and $115 million to Ares Capital Europe V, which closed on $13 billion last month.
Further commitments of $100 million to Fortress Credit Opportunities V, $132.3 million to Barings Europe Private Loan Fund III and $160 million to Churchill Middle Market Senior Loan Fund IV were also made.
As illustrated bellow, the pension pool’s private debt commitments typically focus on senior debt vehicles in the corporate sector.
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