Dakota Funds

San Mateo Commits $80M to Private Credit; Hires Long Treasury Manager

The San Mateo Employees’ Retirement Association has made two private credit commitments totaling up to $80 million.

$60 million was committed to One WIlliams Street Capital Partners Fund. 

$20 million was committed to MGG Structured Solutions Fund II.

In addition, NISA was hired to manage a passive long duration treasury account totaling 3% of assets ($177M).

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!