FUNDRAISING NEWS | October 27, 2023
The Seattle City Employees’ Retirement System has approved a commitment of up to $30 million to Monarch Capital Partners VI.
According to meeting minutes from the September board meeting, “funding will come from redeeming partially the Ares Institutional Credit Fund, the current placeholder for unallocated private credit”.
The $4 billion Retirement System’s investment consultant, NEPC, assisted with the investment.
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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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