FUNDRAISING NEWS | August 01, 2022
The Municipal Employees’ Retirement Fund (MERF) of the City of Hartford has received recommendations from their consultants on two private equity commitments, according to meeting materials from the July 29 meeting.
NEPC is recommending a $10 million commitment to Centre Lane Credit Partners III. Centre Lane uses direct control and non-control buyouts on middle market companies utilizing credit and equity. This commitment will sit in MERF’s private credit portfolio.
It was also recommended by NEPC for the $1 billion Retirement Fund to commit $8 million to Fairview Private Markets Fund VI. MERF has previously committed to Fairview Venture III, and Fairview Private Markets IV and V.
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!
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
