BRS commits $70m to private debt funds

Boston Retirement System committed to three private debt funds in August, recent meeting materials revealed.

Institution: Boston Retirement System
Headquarters: Boston, US
AUM: $7.28 billion

Boston Retirement System committed $70 million total to three private debt funds in August, recent meeting materials revealed.

The US pension fund committed $50 million to GoldenTree Private Credit Fund II, which is targeting $2 billion to invest in 40-50 upper mid-market companies generating $100 million-$1 billion in EBITDA.

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