New Hampshire pension agrees $50 million investment in direct lending
New Hampshire Retirement System (NHRS) has committed $50 million to a Chicago-based direct lender

New York pension commits €200 million to ICG across two mid market funds
ICG has won a €200 million golden ticket for two of its mid market funds: ICG North American Private Debt Fund II and ICG Europe Fund VII

California pension fund seeks private markets advisor
Stanislaus County Employees’ Retirement Association (StanCERA) is searching for a private markets advisor to help manage the pension fund’s private markets activities, board documentation reveals.

New York pension fund allocates $400 million to two private debt funds
New York State Common Retirement Fund has awarded $400 million to two private debt managers: GSO and Vista Equity Partners, Creditflux has learned

GSO launches new energy fund and picks up $75 million from US pension
The GSO Energy Select Opportunities Fund II is understood to be targeting $5 billion and has already been chosen by a Louisiana pension fund for a $75 million commitment

Missouri pension fund selects Brightwood and Monroe for private debt mandate
The St Louis Public School Retirement System has committed $22 million to private debt, according to board documents seen by Creditflux

Allocations to fixed income leap but private debt shrinks under new pension fund plan
The City of San Jose Police & Fire Retirement Plan is considering a new investment strategy that would reduce its private debt allocation, according to documents seen by Creditflux

New Hampshire pension makes $50 million commitment to direct lending
The New Hampshire Retirement System has approved a $50 million commitment to BlueBay’s Direct Lending Fund III (USD unlevered), according to documents seen by Creditflux

Sacramento pension fund eyes new private credit allocation
The Sacramento County Employees’ Retirement System’s board has approved a new annual investment plan for 2018 that introduces a private credit allocation, Creditflux has learned

Ohio pension backs BlackRock multi-asset and BlueBay direct lending funds
BlackRock and BlueBay have each won commitments from a $14.7 billion Ohio pension fund

Antares and Crescent win as Texas pension fund commits to direct lending
The sky is the limit for direct lenders, with Texas County and District Retirement System committing $253 million to that market

Minnesota pension fund looks to commit $535 million to 'private credit'
Minnesota State Board of Investments has recommended investments worth $535 million to private credit, according to board documentation seen by Creditflux

Virginia pension fund cuts Oaktree high yield account
Virginia Retirement System (VRS) has terminated Oaktree as a high yield debt manager, Creditflux has learnt

Arizona pension fund looks to commit up to $250 million to direct lending
Arizona Public Safety Retirement System (Psprs) is considering investing up to $250 million in direct lending, according to investment board documentation dated 31 January

Goldman Sachs BDC and university endowment extend JV’s investment period
A joint venture between Goldman Sachs BDC and University of California Regents has extended its investment period for two months, regulatory filings show

Wisconsin pension fund commits to PE firm's debut credit strategy
A Houston-headquartered asset manager has recieved a $50 million commitment for its inaugural credit fund, which has a target size of $225 million

Texas pension fund allocates $100 million to direct lender's upcoming fund
Boston-based Summit Partners has received a $100 million commitment for its third credit fund – Summit Partners Credit Fund III – by a Texas pension fund

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

KKR and Audax poised to receive commitments from Arizona pension fund
Arizona’s Safety Personnel Retirement System may commit $175 million to credit strategies run ky KKR and Audax, according to board documents seen by Creditflux

Pennsylvania pension fund commits $100 million to US direct lending
A Pennsylvania pension fund has approved $175 million in new commitments to asset mangers, including $100 million to a credit fund run by Brightwood Capital Advisors

Manager edges closer to its $3 billion hard cap on credit fund
A California pension fund has approved a commitment for up to $30 million in a credit and distressed debt fund

Chicago manager launches $1.2 billion leveraged direct lending fund
A new mid-market credit fund has raised $415 million equity capital, exceeding its original $350 million target

Orlando pension fund ups its private debt allocation
The Orlando Police Pension Fund is set to increase its target allocation for private credit by 2%, documents seen by Creditflux reveal

Los Angeles pension fund considers investing in CLOs
A large LA pension fund wants to boost returns from its fixed income portfolio and has set its sights on CLOs and private debt

New Mexico council allocates $100 million each to four credit-focused funds
The New Mexico Investment Council is poised to invest in an HPS Investment Partners loan fund and boost its investments in three credit-focused funds