Pension fund pumps €378 million into credit

Finish local government pension fund Keva has made substantial new investments in credit funds in the past year, according to an article in Global Pensions. It has invested €100 million each in new loan funds managed by BlueBay Asset Management and Harbourmaster Capital Management. It has also appointed Stone Harbour Investment Partners to run a €15 million leveraged loan fund. In addition, the pension fund has allocated €163 million to be managed by Pimco. That fund is described as Keva's senior credit opportunities investment. See original article.