NJ DOI approves $550m to HPS-managed vehicles

The US pension fund has unveiled two new commitments.

Name: New Jersey Division of Investment
Headquarters: Trenton, US
AUM: $87.5 billion
Allocation to Private Debt: 7.3%

The New Jersey Division of Investment has revealed $550 million in commitments to two vehicles managed by HPS Investment Partners.

The public pension fund revealed that $350 million will be allocated towards HPS Investment Partners Separately Managed Account.

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