Virginia Retirement System Commits $200 Million to Private Credit

The Virginia Retirement System has approved a $200 million to private credit according to materials from the December 7 board meeting.

$200 million was allocated to Ares Credit Secondaries, a closed-end fund investing in a diversified portfolio of secondary credit fund interests.

As of September 30, the $140 billion pension system allocates 14.2% to credit with a target of 14%.

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: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.

March 24, 2025

March 17, 2023

December 05, 2024