PSERS increases credit allocation

The US pension system pays more attention to credit opportunities.

Pennsylvania Public School Employees’ Retirement System (PSERS) has raised its credit allocation from 9 percent to 11 percent of its overall portfolio.

The increase will see the investor pursue more private debt investment opportunities. Currently PSERS have $4.6 billion of its $52.7 billion portfolio allocated to credit investments.

Platinum subscribers may click here for the PSERS’ full profile, including key contacts, allocation strategy and fund investments.