Kentucky pension seeking $250m debt mandate – exclusive

The pension heard a presentation on Benefit Street Partners’ Fund IV at its most recent investment committee meeting. 

Kentucky Retirement Systems will soon begin an invitation-only search for a private debt mandate, potentially totaling $250 million, the pension told Private Debt Investor.

Rich Robben, the interim chief investment officer and director of fixed income at KRS, said the search for a direct lender will commence “in the very near future”, but that the pension did not have an exact date.

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