According to meeting minutes from the December 9th board meeting, the San Joaquin County Employees Retirement Association has approved a $40 million commitment to Oaktree Special Situations Fund III.
San Joaquin previously invested in the Oaktree Middle-Market Direct lending strategy.
As of September 30, 2023, the pension fund was valued at $4 billion.
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!