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.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!