Detroit Policemen & Firemen Retirement System made five new commitments totaling $75 million, recently released board meeting minutes show.
The $3.3 billion pension fund's board at its June 6 meeting approved the five commitments of $15 million each.
The pension fund made commitments to Churchill Middle Market Senior Loan Fund III, a private credit fund managed by Churchill Asset Management; Comvest Direct Lending Fund V, a direct lending fund managed by Comvest Partners; Crescent European Specialty Lending Fund II, a Western Europe-focused private debt fund managed by Crescent Capital Group; Raven Asset-Based Opportunity Fund IV, a direct lending fund managed by Raven Capital Management; and THL CLO Equity Fund, a private credit fund managed by THL Credit.
Ryan Bigelow, chief investment officer, did not immediately respond to requests for further information.
