Delaware Public Employees’ Retirement System, Dover, committed up to $50 million to Oaktree Power Opportunities Fund VII.
The $12.7 billion pension fund’s investment committee approved the commitment to the energy-focused buyout fund managed by Oaktree Capital Management at its Aug. 20 meeting, recently released meeting minutes showed.
As of June 30, 2023, the most recent data available, the actual allocation to alternative investments was 19.3%.
