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FUNDRAISING NEWS | October 25, 2022

Oklahoma Firefighters Commits $40M to Private Credit

Tags: Pension Funds, Alternative Insights, Private Credit

The Oklahoma Firefighters Pension and Retirement Board has approved a $40 million commitment to Comvest Credit Partners VI, according to meeting minutes from the September 16 board meeting.

Comvest Credit Partners VI is a direct lending fund providing senior secured, unitranche, second lien, and mezzanine capital to middle-market companies.

The Board previously held an educational session on the asset class at their August meeting. Deerpath Capital Advantage VI was also considered for the private credit allocation.

The pension fund’s consultant, AndCo, assisted with the commitment. 

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!

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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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