Denver Employees Retirement Plan is searching for a private debt manager, said Randy Baum, chief investment officer, in an e-mail.
The pension fund is looking to allocate approximately $50 million, probably to a senior loan manager, Mr. Baum wrote.
No RFP will be issued. Interested firms can contact investment consultant Summit Strategies Group.
The $2 billion pension fund has a 6.5% target to private debt.