Products
Data Sets
Integrations
Services
FUNDRAISING NEWS | October 04, 2024
The investment committee of Seattle City Employees’ Retirement System (ERS) has approved a $40M recommitment to Arcmont Asset Management via its Direct Lending Fund V (DLF V), according to recently published minutes from the committee’s August 29 meeting.
DLF V, a private credit vehicle for European middle-market companies, would represent the fourth allocation from the Seattle pension to the UK-based investment firm, which was acquired last year by Nuveen Asset Management.
The committee said the commitment is consistent with the pension’s target allocation of 7% to credit fixed income, with a current allocation of 7.1% as of June 30, per the ERS website.
Written By: Dakota
San Jose Police & Fire Commits $158M to Alts in December 2024 Deals
February 11, 2025
Louisiana TRS Allocates $100M to PC, Reviews 4 Int’l Large-cap Equity Managers
February 11, 2025
British Columbia Investment Management Sells Hayfin Capital Stake
February 11, 2025
San Francisco ERS Allocates $344.4M to Six Alts Funds
February 10, 2025
Texas CDRS Allocates $200M to Private Equity, Credit Funds
February 07, 2025
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy
