Institution: South Carolina Retirement System
Headquarters: Columbia, United States
AUM: $35.61 billion
Allocation to private equity: 8.5%
The senior debt fund is managed by GoldenTree Asset Management and is targeting $900 million to invest in North American companies. This is the second known commitment that SCRS has made to a GoldenTree-managed fund; it committed $75 million to GoldenTree Loan Management II in October 2019.
The $35.61 billion US public pension has a 8.5 percent current and target allocation to private debt.
As illustrated below, SCRS’s private debt fund commitments tend to focus on North American vehicles with senior debt strategies.
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