Institution: Indiana Public Retirement System
Headquarters: Indianapolis, United States
Allocation to alternatives: 18.90%
Indiana Public Retirement System has confirmed $100 million-worth of private debt commitments to a pair of vehicles managed by Solar Capital Partners, a contact at the pension informed Private Debt Investor. The commitments comprise of $50 million apiece to SCP Private Corporate Lending Fund and SCP Specialty Finance Debt Fund.
The $37.48 billion US public pension has a 0.90 percent allocation to private debt.
As illustrated below, INPRS has made ten commitments to private debt vehicles with a 2018 or 2019 vintage, which combined constitute $1.09 billion.
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