SDCERS considers $40m commitment to RE debt strategy

The US pension fund mulls over furthering real estate debt strategy.

The investment committee of San Diego City Employees' Retirement System (SDCERS) recommends a $40 million commitment to Oaktree Real Estate Debt Fund II.

SDCERS has real estate debt in the Opportunity Fund totaling one percent.

Platinum subscribers may click here for SDCERS’s full profile, including key contacts, allocation strategy and fund investments.