Oklahoma City Employee puts $17.5 million in alternatives

Oklahoma City Employee Retirement System committed $17.5 million to two alternatives funds.

Recently released board minutes indicate the $638 million pension fund committed $10 million to Siguler Guff Distressed Real Estate Opportunities Fund II-B, a real estate fund of funds managed by Siguler Guff & Co., and $7.5 million to Apollo Investment Fund IX, a buyout fund managed by Apollo Global Management.

Rena Hutton, pension manager, could not immediately be reached for additional information.