Recently released meeting minutes from the June 22 Investment meeting has disclosed three alternative investments for the San Antonio Fire and Police Pension Fund.
Staff approved a $20 million commitment in value-add real estate fund, Covenant Apartment Fund XI. The Pension Fund has previously invested in Covenant funds VII, VIII, IX, and X.
Staff approved a $20 million commitment in opportunistic credit fund, Charlesbank Credit Opportunities Fund III. $10 million was additionally allocated to the Performing Sleeve of Fund III. The Pension Fund has previously invested in Fund II.
Staff approved a $25 million commitment in private credit fund, Angelo Gordon Twin Brook Evergreen Fund. The Pension Fund has previously invested in AG Direct Lending Fund III and Fund IV.
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