San Antonio Fire & Police Pension Fund made three new private debt commitments totaling $75 million.
The $4 billion pension fund's board at its Nov. 24 meeting approved commitments of $25 million each to 400 Capital Asset Based Term Fund III, managed by 400 Capital Management, Callodine Asset Based Loan Fund II, managed by Callodine Group; and Entrust Blue Ocean Onshore Fund II, managed by EnTrust Global, recently released meeting minutes show.
The pension fund's board conducted a shortlist search and decided to make commitments to all three finalists at the meeting, the minutes show.
Investment consultant NEPC assisted.
Cary Hally, chief investment officer, could not be immediately reached for further information.
