Nashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made five new commitments totaling $180 million, said Fadi BouSamra, chief investment officer, in an e-mail.
The $2.8 billion pension fund committed $60 million to Marathon CLO Equity Fund, a structured credit fund managed by Marathon Asset Management.
The pension fund previously committed $15 million to Marathon CLO V in November 2012.
The pension fund also committed $45 million to Greenspring Global Partners VII, a venture capital fund of funds managed by Greenspring Associates. The pension fund committed $40 million to Greenspring Global Partners VI in February 2014.
The pension fund also committed $30 million to Chambers Energy Capital III, a real assets fund that targets first and second lien loans to energy exploration and production. It is the pension fund’s first commitment to a Chambers Energy Capital fund.
Also, the pension fund committed $30 million to GSO Energy Select Opportunities Fund, an energy fund managed by GSO Capital Partners, providing growth and bankruptcy exit finance, recapitalization and rescue financing. The pension fund committed $30 million to GSO Capital Opportunities II in 2011.
The pension fund also committed $15 million to Columbia Capital Equity Partners VI, a venture capital fund focused on communication, media and technology services. It is a first-time commitment for the pension fund to Columbia Capital.
The pension fund also made a follow-on commitment of $20 million to OSP Value Fund, an opportunistic credit fund managed by O’Brien-Staley Partners. The pension fund originally committed $30 million in December.
