Institution: Cincinnati Retirement System
Headquarters: Cincinnati, United States
AUM: $2.04 billion
Allocation to alternatives: 28.07%
Cincinnati Retirement System has confirmed its first known commitment to a private debt fund, according to the pension’s June 2020 board meeting minutes.
CRS has committed $40 million to H.I.G Bayside Opportunity Fund VI, a distressed debt and special situations vehicle managed by HIG Capital’s credit arm.
The $2.04 billion public pension allocates 28.07 percent of its investment portfolio to alternative investments.
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