New Castle County (Del.) Employees’ Retirement System committed $6 million to Crayhill Principal Strategies Fund III.
The $517 million pension fund’s board approved the commitment to the private credit fund managed by Crayhill Capital Management at its May 15 meeting, recently released meeting minutes showed.
The pension fund previously committed $3 million to Crayhill Principal Strategies Fund II in 2021.
Investment consultant NEPC assisted.
