News & Analysis

NHRS approves $50m commitment to Crescent Direct Lending Fund III

The US public pension continues its relationship with Crescent Capital Group.

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Institution: New Hampshire Retirement System
Headquarters: Concord, United States
AUM: $9.9 billion
Allocation to alternatives: 28.5%

New Hampshire Retirement System has approved a $50 million commitment to Crescent Direct Lending Fund III, as mentioned during the institution’s February 2021 investment committee meeting.

This commitment was made to one of the institution’s existing managers, Crescent Capital Group.

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