Chicago Teachers' Pension Fund is going to hold an education session and discussion on real estate debt at its investment committee meeting tomorrow, as well as due diligence presentations from Newport/TCB Broadway, Clarion Partners, CityView Southwest Fund and Fremont.
The Oklahoma Tobacco Settlement Endowment Trust Fund has selected Alcentra to manage its $25 million European direct lending mandate.
IFM Investors has expanded its US infrastructure debt team by hiring Joseph Braun who joins from Hastings at a time when IFM is raising its debut North America-focused debt vehicle.
PSP Investments has appointed Oliver Duff managing director for its debt and credit investment division. He will be based in London and assume office in September.
Louisiana State Employees Retirement System approved commitments of $125 million to Cerberus Institutional Partners VI and $50 million to OHA Strategic Credit Fund II last month.
Partners Group is going to open a services hub in Manila to expand its Asian presence in September 2016. The office will be located in Bonifacio Global City business district.
Police Mutual Aid Association is searching for two managers to manage its blind debt funds. it will allocate KRW20 billion to each fund manager. The application is open for domestic and foreign managers and the deadline is 13 July.
Teacher Retirement System of Texas has committed $200 million to GSO Capital Opportunities III, managed by The Blackstone Group. The transaction was finalised on June 17.
Texas Municipal Retirement System has approved a commitment of $200 million to PIMCO Corporate Opportunities Fund II and $100 million to Marathon European Credit Opportunity Fund III.
UniCredit Group's Board of Directors appointed Jean Pierre Mustier new CEO in the Group. The appointment is submitted to European Central Bank for approval.
Indiana Public Retirement System has named Scott Davis as its new Chief Investment Officer and Bo Ramsey as the Deputy Chief Investment Officer. Davis had served as interim CIO since September 2015.
To view last month's LP Radar, click here.