New Hampshire Retirement System, Concord, made two new private debt commitments totaling $90 million, spokesman Marty Karlon said.
The $7.5 billion pension fund committed $50 million to CVI Credit Value Fund III, a private debt fund that primarily invests in distressed opportunities managed by CarVal Investors.
The pension fund also committed $40 million to Comvest Capital III, a private debt fund that primarily invests in senior loan opportunities managed by Comvest Partners.
It is the first time the pension fund has made commitments with both managers.
Investment consultant NEPC assisted.