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Private Debt Mandate Management Services

Overview


Financial, Legal, HR & Staffing
Massachusetts, United StatesPosted about 1 month agoDeadline: April 13th, 2026

Fit Score


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SUMMARY


Massachusetts seeks a manager for a private debt mandate focused on direct lending, credit opportunities, and distressed debt strategies for its pension fund.

DESCRIPTION


The government authority in Massachusetts is seeking a vendor to manage a private debt mandate for the System’s $8.6 billion defined benefit, pension fund. The scope of work will center on strategies such as credit opportunities, distressed debt, and direct lending.

Eligible fund strategies must include direct lending, credit opportunities, or distressed debt. Funds must generally be structured as closed-end vehicles; however, evergreen structures may also be considered for direct lending strategies. The engagement requires expert knowledge of institutional pension fund mandates and experience managing complex private debt investments.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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