Detroit General Retirement System committed $20 million to Comvest Credit Partners Fund VI.
The $2 billion pension fund's board approved the commitment to the direct lending fund managed by Comvest Partners at its July 20 meeting, recently released meeting minutes show.
According to the pension fund's most recent available annual report, as of June 30, 2021, the pension fund had a target allocation of 46% global equity, 33% global fixed income, 13% real estate/real assets and 8% diversifying strategies.
Kevin Kenneally, chief investment officer, could not be immediately reached for further information.
