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.

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: Koncheng Moua, Director of Data Management and Strategy

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

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