Institution: Cincinnati Retirement System
Headquarters: Cincinnati, United States
AUM: $2.04 billion
Allocation to alternatives: 28.07%
HIG Capital’s credit vehicle is in market targeting $1.25 billion in capital commitments. The fund’s immediate predecessor held a final close on $1.1 billion in June 2019.
As illustrated below, this commitment marks CRS’s first known foray into private debt.
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