The Massachusetts Water Resources Authority Retirement Board has narrowed down the Opportunistic Credit search to five finalists.
Finalists for the search include Brigade Capital, DSC Meridian, LMCG, Waterfall, and Wellington. All five firms presented to the board at the May 25 meeting.
The search initially received a total of 15 respondents. Other respondents to the search included ACRES Capital, Angelo Gordon, Astra, Constitution Capital, Corbin Capital, Grantham, Mayo, Van Otterloo, Palisade Capital, PIMCO, Prime Meridian, and Shenkman Capital.
NEPC is assisting with the search.
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