Shelby County Retirement System, Memphis, Tenn., committed a total of $50 million to private debt and bank loan funds, confirmed David Pontius, manager of pension investments.
The $950 million system committed $25 million to Medley Opportunity Fund II and $10 million to Congruent Credit Opportunities Fund II, both private debt funds, and $15 million to Credit Suisse Dollar Senior Loan Fund, a bank loan fund.
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