Fall Surprise: Direct Lending Funds Attract US Pensions
Posted on 11/02/2014
Direct lending funds are continually attracting U.S. pension fund investors. These pension funds are searching for yield and in effect, the committed capital can be perceived as high-risk bank lending. These commitments are falling under many pensions’ high-yield allocation. For example, in late October, the Orange County Employees’ Retirement System (OCERS) committed up to US$ […]
- credit
- direct lending
- GSO Capital
- Hedge Funds
- KKR
- MC Credit
- Merced County Employees Retirement Association
- OCP
- Orange County Employees Retirement System
- Public Pension
