San Diego County Mulls Sycamore Tree CLO Fund II Investment

Staff of the San Diego County Employees’ Retirement Association (SDCERA) are recommending the board make a commitment to Sycamore Tree CLO Fund II, according to a recently published memo to the board from CIO Stephen Sexauer. 

In the memo, dated September 19, Sexauer said staff recommends that the board authorize it to move Sycamore Tree forward in the investment approval process. This would involve a second presentation to the board by staff and culminate in the commitment of an undisclosed amount of capital in Sycamore Tree’s second collateralized loan obligation fund. 

Per Dakota data, SDCERA manages $17B in assets. 

New call-to-action

Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.