Institution: Indiana Public Retirement System
Headquarters: Indianapolis, United States
AUM: $38.43 billion
Allocation to alternatives: 18.2%
Indiana Public Retirement System confirmed $275 million-worth of private debt commitments at its September 2020 board meeting, a contact at the pension informed Private Debt Investor.
The $38.43 billion US public pension has a 2 percent target allocation to private debt, which currently sits at 1.5 percent.
As illustrated below, INPRS’s private debt commitments tend to target global vehicles pursuing senior or distressed debt strategies.
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