Hollywood (Fla.) Employees' Retirement Fund committed $7.5 million to Brightwood Capital Fund V.
The $335 million pension fund's board approved the commitment to the private credit fund managed by Brightwood Capital Advisors at its July 28 meeting, recently released meeting minutes show.
The board at that meeting also voted to add $2.5 million to its investment in Blue Ocean Onshore Fund, a hedge fund managed by EnTrust Global, bringing the investment to $7.5 million.
Christine Bailey, executive director, was not available to provide further information.
