San Antonio Fire & Police Pension Fund made two private debt commitments totaling $40 million.
The $3.3 billion pension fund's board approved commitments of $20 million each to a private debt fund managed by Beach Point Capital Management and mezzanine debt fund Charlesbank Credit Opportunities Fund II, managed by Charlesbank Capital Partners, at its Nov. 20 meeting, recently released minutes show.
Cary Hally, chief investment officer, could not immediately be reached to provide further information.
