The Los Angeles City Employees’ Retirement System has approved a $50 million commitment to the Oaktree Real Estate Opportunities Fund IX, according to materials from the October board meeting.
The investment closed on September 29, 2023.
Private real estate accounts for 6.03% ($1.3B) of the $22 billion Retirement System.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
