FUNDRAISING NEWS | June 28, 2024
The San Antonio Fire and Police Pension Fund approved two commitments to real estate and private credit totaling $50 million, according to materials from the May 22nd Investment Committee meeting.
In real estate, $25 million was committed to Covenant Apartment Fund XII.
Within private credit, $25 million was allocated to Hayfin Direct Lending Fund V.
Additionally, they will be preparing a private debt search, concentrating on stressed and special situations corporate strategies. Staff also recommended committing $25 million to new private debt opportunities, excluding re-ups, before the year end.
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Helen Bascom is a Marketing Associate at Dakota.
