Institution: Verus Advisory
Headquarters: Seatle, United States
Allocation to alternatives: 100%
Verus Advisory intends to increase its clients’ allocation to private debt over the next twelve months in light of Covid-19, a source at the public pension informed Private Debt Investor. The institution is planning this increase in allocation because it believes opportunities within private debt have become more compelling.
Verus Advisory is an investment consulting firm that provides strategic planning and plan implementation services to a range of institutional investors. In 2019 it advised on approximately $1 billion in commitments to closed-ended funds.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.