Oklahoma Police Pension & Retirement System, Oklahoma City, committed $40 million to the Starwood Distressed Opportunity Fund XII and up to $19 million to Apollo Accord Fund IV.
The commitment to the Starwood fund — an opportunistic real estate fund managed by Starwood Capital Group — is a first-time commitment to the manager. The commitment to Apollo Accord Fund IV, a private credit fund, represents the uncalled balance of a $25 million commitment to Apollo Accord Fund III B, also a private credit fund, in April, Ms. Sigler said. Both funds are managed by Apollo Global Management.
The commitments were approved at a board meeting Oct. 21, said Ginger Sigler, executive director of the $2.6 billion pension fund, in an email.
Asset Consulting Group assisted.