California pension backs Owl Rock direct lending fund
Alameda County Employees’ Retirement Association (Acera) has earmarked $80 million for a direct lending fund managed by New York based manager Owl Rock

Maryland pension allocates $25 million to evergreen private debt fund
Anne Arundel County Retirement and Pension System has allocated $25 million to an evergreen private credit fund managed by Pimco

Texas pension to lift direct lending budget to $250 million
Texas County & District Retirement System (TCDRS) is considering investment in a number of direct lending funds, with existing and new managers, according to documents seen by Creditflux  

Californian pension backs infra debt fund
Sacramento County Employees Retirement Scheme (SCERS) has awarded $40 million to a US infrastructure fund managed by IFM Investors, according to a recent report of investment activity by the pension fund.  

UK pension awards private credit mandates and eyes co-investments
Nest, a UK defined contribution pension scheme, has selected Amundi and BlackRock as private credit managers, to manage a global real estate and global infrastructure debt mandate, respectively.  

Commonfund seeks to diversify manager pool with new portal
Commonfund will launch an online 'diverse manager portal' designed specifically to receive due diligence materials from women and minority-led managers investing in equities, fixed income and credit, real estate and hedge funds

University foundation searches for 'alternative' asset manager
Vancouver Island University Foundation (VIUF) has launched a request for proposal (RFP), seeking an alternative manager for a CAD3.5 million portfolio  

West coast pension eyes European private credit for diversification
The $3.1 billion pension fund is looking to diversify its private credit exposure following an asset class education by investment consultant Meketa

Texas pension awards $250 million to US lending fund
Texas County & District Retirement System has awarded $250 million to a special situations fund managed by Silver Point Capital. The commitment will sit in its direct lending bucket

Danish pension's credit portfolio gains 7.7% in 2019
Danish pension fund Arbejdsmarkedets Tillægspension (ATP) generated a return of DKK 2.7 billion ($401.2 million) on its credit portfolio in the first half of 2019, increasing the market value of credit investment to DKK 35 billion, according to H1 results

Illinois pension replaces consultant Callan with Wilshire
Illinois Municipal Retirement Fund (IMRF) has appointed Wilshire Associates to serve as investment consultant and performance measurement services provider, effective from January 2020  

Minnesota pension slates $100 million for private credit
The pension fund has so far allocated $2.4 billion to private credit across 12 managers and 25 funds

US pension seeks private credit consultant and ESG services
New Jersey Division of Investment has launched a request for proposals (RFP) searching for hedge fund and private credit investment consultant services. It has also launched a search for environmental, social and governance (ESG) ratings, research and related services  

Silicon Valley pension to invest $20 million in private debt
San Jose Federated City Employees Retirement System and Health Care Trust is set to make commitments of $20 million in private debt, as part of its fiscal year 2019-2020 pacing plan, according to documents seen by Creditflux  

Los Angeles pension appoints four managers for private credit mandate
Los Angeles City Employees Retirement System (Lacers) has awarded four contracts for a $670 million private credit mandate search, according to minutes from the July investment committee meeting.  

US pension scheme eyes 50 South Capital fund of funds
50 South Capital Backed Credit Fund II, a fund-of funds vehicle, is set to invest in four loan funds in small and medium size companies, according to documents seen by Creditflux  

Texas pension seeks direct lending funds backed by hard assets
San Antonio Fire & Police Pension Fund is launching a private debt search with a focus on hard-asset lending, according to pension fund meeting documents seen by Creditflux  

UK's Tameside borough backs senior loan fund
The Tameside Metropolitan Borough in Manchester, UK has decided to commit $200 million in Churchill Middle Market Senior Loan Fund II, according to documents seen by Creditflux.  

Pennsylvania SERS appoints acting CIO
The $29 billion Pennsylvania State Employees’ Retirement System (SERS) has appointed deputy chief investment officer James Nolan as acting chief investment officer, effective from this weekend

US university backs Asian direct lending fund
University of Michigan has committed $50 million to SSG Capital Partners V, according to documents seen by Creditflux  

French pension hunts for ESG service providers
Fonds de Réserve pour les Retraites (FRR) is set to boost its environmental, social and governance plans with a newly launched responsible investment strategy  

Utah fund set to invest $45 million across Beach Point and Crestline funds
The Utah School & Institutional Trust Fund Office is set to make commitments to credit funds managed by Beach Point Capital Management and Crestline Investors

London pension outlines private debt commitments
Barnet Pension Fund has earmarked £30 million for commitments to Partners Group Multi Asset Credit 2019

UK pension pool to launch maiden private credit offering
Border to Coast Pensions Partnership is launching its first private credit offering in early Q4, Creditflux has learned

US pension fund to invest $490 million in private credit by 2023
Alameda County Employees Retirement Association has launched a private credit portfolio, with plans to invest up to $490 million and meet a target allocation of 4% by 2023