Oklahoma Tobacco Settlement Endowment Trust Fund, Oklahoma City, committed $30 million to Brookfield Senior Mezzanine Real Estate Finance Fund, said Lisa Murray, chief investment officer.
The $1.3 billion endowment trust fund's commitment to the real estate debt fund managed by Brookfield Asset Management was the result of an RFP issued in January.
The other finalists were Oaktree Capital Management and Pacific Coast Capital Partners.
Investment consultant NEPC assisted.