HPS Hosts Educational Webinar on Direct Lending

Online Learning Opportunity Satisfies State-mandated Educational Requirements

A TEXPERS Staff Report

Texas public employee retirement system trustees and administrators participated in TEXPERS' free online learning opportunity, held Sept. 23. The webinar was presented by HPS Investment Partners.

The webinar, Direct Lending - The Benefits of Scale and Differentiated Sourcing, featured Michael Patterson, governing partner and portfolio manager of Direct Lending Strategies at HPS Investment Partners. He shared insights on how best to extract attractive risk-adjusted returns through differentiated sourcing capabilities.

Patterson discussed:

• Non-sponsor lending
• Utilizing scale as a competitive advantage
• Opportunities to find excess returns persist at the larger end of the lending market

 

> WATCH RECORDING: Direct Lending - The Benefits of Scale and Differentiated Sourcing

More Learning Opportunities

TEXPERS is hosting a half-day online conference from 9 a.m. to 2:30 p.m. CDT on Tuesday, Oct. 27, 2020. The program will allow trustees and administrators to earn up to four hours of training to help meet core state-mandated educational requirements for new and continuing pension fund trustees and administrators. Topics will include Emerging Markets; Municipal Bond Market; Actuarial Matters; and Environmental, Social and Governance (ESG). More details are coming soon.

Be sure to follow TEXPERS on Facebook  and on Twitter , or visit us at www.texpers.org for more information about the upcoming virtual conference and additional online learning opportunities.

Each session during the half-day online conference will allow new and continuing pension fund trustees and administrators to satisfy one hour of core training requirements.

Minimum Educational Training Credit

As an accredited sponsor, TEXPERS' webinars meet the Minimum Educational Training Program of the Pension Review Board of Texas. 

All new public employee retirement system trustees and administrators are required to complete at least seven credit hours of training the core content within their first year of service. Continuing trustees and administrators are required to complete at least four credit hours of continuing education in either core or non-core content areas within each two-year period after their first year of service. 

To receive credit from any of TEXPERS' educational webinars, attendees must sit through an entire presentation, participate in polling questions during the session, and answer a survey provided in a post-webinar email TEXPERS sends to registrants. At the conclusion of a webinar, a highlighted code will appear on the last slide of a presentation. Attendees will need to provide the code in the designated area of the follow-up survey as proof of attendance.

A recording of the session also will be linked to the follow-up email. However, those who didn't participate in a live webinar are unable to receive the credit hour.