Contra Costa County Employees’ Retirement Association, Concord, Calif., made three new commitments totaling $205 million, CEO Gail Strohl said.
The $6.5 billion pension fund committed $75 million to Torchlight Debt Opportunity Fund V, a commercial real estate debt fund managed by Torchlight Investors. The pension fund has committed to the previous four funds.
Also, the pension fund committed $65 million each to private real estate funds AG Realty Fund IX, managed by Angelo Gordon & Co., and Oaktree Real Estate Opportunities Fund VII, managed by Oaktree Capital Management.
The pension fund committed to earlier funds from each manager.
