Delaware Public Employees Allocates $50M to Private Credit Fund

The Delaware Public Employees’ Retirement System has disclosed a $50 million commitment to Summit Partners Subordinated Debt Fund VI.

The investment was approved at the August 16 board meeting, according to meeting minutes. 

The Retirement System’s consultant, Windmark, attended the meeting for the commitment approval.

As of June 30, 2021, alternative investments make up 24.2% of the total retirement fund.

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