Contra Costa County Employees' Retirement Association, Concord, Calif., committed $150 million total to two distressed real estate funds, confirmed CEO Marilyn Leedom in an e-mail.
The $6 billion pension fund committed $80 million to Siguler Guff Distressed Real Estate Opportunities Fund II and $70 million to Oaktree Real Estate Opportunities Fund VI, managed by Siguler Guff & Co. and Oaktree Capital Management, respectively.
The pension fund committed $75 million to the predecessor Siguler Guff fund and $50 million to the predecessor Oaktree fund.
