San Antonio Fire & Police puts $15 million in Chinese debt fund

San Antonio Fire & Police Pension Fund committed $15 million to Adamas Ping An Opportunities Fund, recently released board meeting minutes showed.

The private debt fund that focuses on Chinese companies is managed by Adamas Asset Management and is a joint venture with Ping An Trust in China.

The pension fund has previously invested with Adamas.

Matthew O'Reilly, chief investment officer of the $2.8 billion pension fund, could not immediately be reached for additional information.