Louisiana pension commits $150 million to mezzanine and credit opportunities funds

By Michelle D'souza

Teachers Retirement System of Louisiana has awarded $150 million to two credit funds managed by Ares Management and Audax Group at its 7 May board meeting, a spokesperson for the pension has confirmed

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TAGS: Direct lending High yield bonds Ares Distressed debt Leveraged loans Audax Fundraising North America Institutional investor