LA Water & Power Employees’ Retirement Plan Commits $100M to Private Credit

The Los Angeles Water & Power Employees’ Retirement Plan disclosed a $100 million investment to the Marathon Dislocation Credit Fund II, according to materials from the December 13th Board meeting. 

The opportunistic fund will seek dislocations across diversified industries. 

Additionally from the December 13 meeting, it was recommended to place the MFS International Value strategy on watch status due to performance.

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