---
title: Chicago MWRDRF Hires Two for Private Credit Search
description: Chicago MWRDRF Hires Two for Private Credit Search.
---

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# [Chicago MWRDRF Hires Two for Private Credit Search](https://dakotafunds.com/dakota-funds/fundraising-news/chicago-mwrdrf-hires-two-for-private-credit-search)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | August 11, 2023

The Chicago Metropolitan Water Reclamation District Retirement Fund has selected two managers for the private credit search that was issued in January 2023.

Brightwood Capital Fund V and Neuberger Berman Private Debt Fund V were both selected for the search. 

The managers will evenly split the mandate of approximately $70 million (5% of Fund assets).

The $1.5 billion Retirement Fund’s investment consultant, Marquette, assisted with the search.

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[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/chicago-mwrdrf-hires-two-for-private-credit-search)

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