Oakland County Retirement and Deferred Compensation Board, Waterford, Mich., committed $12 million to BlackRock Direct Lending Feeder IX-L.
The $756 million pension fund's board approved the commitment to the direct lending fund at its Oct. 21 meeting, recently released meeting minutes show.
Investment consultant AndCo Consulting assisted.
Silvia Frank, retirement administrator, did not reply to requests for further information.