San Antonio Fire & Police Pension Fund committed $35 million total to two private debt managers, said recently released board meeting minutes.
The pension fund committed $20 million and $15 million, respectively, to managers Veronis Suhler Stevenson and Pine River Capital Management.
A search for private debt managers was launched this summer.
Matthew O'Reilly, chief investment officer for the $2.6 billion pension fund, could not be reached for additional information by press time.