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.