The New Jersey Division of Investment has approved four alternative investments totaling up to $500 million at the January board meeting.
Within Private Credit, a $300 million commitment was awarded to Glendon Opportunities Fund III, managed by Glendon Capital Management.
In addition, $200 million was committed between three venture capital funds managed by Khosla Ventures; $80 million to Khosla Venture VIII, $100 million to Khosla Venture Opportunity II, and $20 million to Khosla Venture Seed F.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
