LP Radar – September 2016

See the latest private debt LP updates, including allocation changes and people moves.

30 September

New Jersey Division of Investment committed $150 million to Benefit Street Partners Special Situations Fund on Wednesday.

 

27 September

Royal County of Berkshire Pension Fund revealed in its annual report that it is increasing the exposure to private debt, for example, UK middle-market and emerging market infrastructure investments.

 

21 September

 South Carolina Retirement System appointed Geoffrey Berg as its Chief Investment Officer.

Kentucky Retirement Systems’ board has committed $50 million to Mesa West Real Estate Income Fund IV on behalf of its pension and insurance funds.

 

16 September

In Q2 2016, Michigan Department of Treasury made a commitment of $150 million to Crescent Mezzanine Partners VII.

 

9 September

Minnesota State Board of Investment approved a recommendation for a $150 million commitment to Prudential Capital Partners V at its board meeting yesterday.

 

2 September

New Mexico Educational Retirement Board has committed $50 million to Z Capital Credit Tactical Fund. This is its second investment with the manager.

 

1 September 

New York State Common Retirement Fund has committed $15 million to Farallon Asia Special Situations III through the Asia Alternatives Program. Farallon will pursue investments in South Asian countries. 

Contra Costa County Employees' Retirement Association(CCCERA) is searching for a private markets advisor to work with internal staff in managing CCCERA’s existing private asset program.

 

To view last month's LP Radar, click here.