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FUNDRAISING NEWS | April 05, 2024
The Chicago Policemen’s Annuity and Benefit Fund approved two commitments totaling $40 million to private credit, according to minutes from the January 24th Board meeting.
$20 million was committed to Brightwood Fund V and another $20 million Monroe Fund V. Both commitments represent existing relationships for CPABF.
NEPC assisted with the recommendations.
As of December 31, 2023, the $2.9 billion pension fund allocates approximately 2.2% to private credit with a target allocation of 5%.
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! 
Written By: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
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