The San Diego City Employees’ Retirement System (SDCERS) will consider Grosvenor Capital Management for a credit opportunities account at its investment committee meeting Thursday, according to materials released on the system’s website.
The separate account would manage 2 percent of SDCERS’ assets, or roughly $120 million. In January, SDCERS established the allocation through its Opportunity Fund, which pursues investments via strategies that do not fit within traditional asset allocation models.
