Rhode Island Pension Commits $50M to Direct Lending

The Rhode Island State Investment Commission will commit $50 million to HPS Specialty Loan Fund VI.

The commitment to the private credit fund was disclosed in materials from the January 25 board meeting.

The pacing plan for 2023 calls for $100 million between 2-4 primary funds.

Investment consultant, Cliffwater, assisted with the recommendation.

As of December 31, 2022, the Employees Retirement Systems targets a 3% allocation to Private Credit while they currently allocate 3.4% to the asset class.

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.

LSERS Allocates $50M to PC, VC Funds

January 07, 2025

Ventura County Commits $50M to Private Credit

July 26, 2023

New Hampshire Commits $50M to Private Credit

October 20, 2023

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Rhode Island Pension Commits $50M to Direct Lending

Subscribe

Related Content

LSERS Allocates $50M to PC, VC Funds

Ventura County Commits $50M to Private Credit

New Hampshire Commits $50M to Private Credit

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company