San Antonio Fire & Police Pension Fund is searching for private equity and private debt managers, according to recently released minutes of the Jan. 30 board meeting.
No further information was provided. The $2.5 billion pension plan does not issue RFPs. Investment consultant NEPC will handle the search.
The pension fund has made several commitments to private equity and private debt funds in the past year, in the range of $10 million to $15 million for each fund.
Matthew O'Reilly, chief investment officer, did not return a telephone call by press time.