BELLINGS

New Jersey CIO stresses credit underwriting amid retail inflows

The $85bn pension system is scrutinising collateral quality and documentation in private credit funds as it evaluates re-ups and new manager relationships

The $85bn pension system is scrutinising collateral quality and documentation in private credit funds as it evaluates re-ups and new manager relationships

BELLINGS Intelligence Score: 22

Why it matters

The New Jersey pension system's emphasis on credit underwriting amid retail inflows highlights cautious risk management in private credit, signaling potential shifts in manager selection and collateral scrutiny; however, this is a notable but not transformative development within institutional investment practices.

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