Pompano Beach Police and Firefighters Invest $10M in Private Credit

Pompano Beach Police and Firefighters’ Retirement System approved the allocation of $10 million to private credit fund Serenitas Dynamic Alpha Fund.

The $10 million will be moved from Serenitas Credit Gamma Fund into the new Alpha Fund.

Managed by LMCG Investments, Serenitas Credit Fund and the Retirement System have an existing relationship.

Investment consultant, Southeastern Advisory Services assisted.

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: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

Virginia Retirement Commits $1.5B to Alts, Ends Nitorum, Orchard Investments
February 06, 2025

NY State Common Commits $1.5B to Alts in December 2024
February 05, 2025

FCERA Commits $140M to Alts, Invites FI Picks, Targets $125M for Private Markets
February 05, 2025

LACERS Makes $395.1M in Alts Investments, Reviews Q3 2024 Performance
January 17, 2025

LACERA Approves $2.2B in Commitments to Seven Alts Funds
January 03, 2025