Chicago MWRDRF Hires Two for Private Credit Search

The Chicago Metropolitan Water Reclamation District Retirement Fund has selected two managers for the private credit search that was issued in January 2023.

Brightwood Capital Fund V and Neuberger Berman Private Debt Fund V were both selected for the search.

The managers will evenly split the mandate of approximately $70 million (5% of Fund assets).

The $1.5 billion Retirement Fund’s investment consultant, Marquette, assisted with the search.

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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