---
title: Seattle City ERS Commits $30M to Private Credit
description: Seattle City ERS Commits $30M to Private Credit
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/andrea-leopardi-QfhbK2pY0Ao-unsplash-1.jpg
---

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# Seattle City ERS Commits $30M to Private Credit

**Written by: ** Koncheng Moua, Director of Data Management and Strategy 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/andrea-leopardi-QfhbK2pY0Ao-unsplash-1.jpg)

The Seattle City Employees’ Retirement System has approved a commitment of up to $30 million to Monarch Capital Partners VI.

According to meeting minutes from the September board meeting, “funding will come from redeeming partially the Ares Institutional Credit Fund, the current placeholder for unallocated private credit”.

The $4 billion Retirement System’s investment consultant, NEPC, assisted with the investment.

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Private Credit](https://dakotafunds.com/dakota-funds/tag/private-credit)

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