San Joaquin Commits $40M to Private Credit

According to meeting minutes from the December 9th board meeting, the San Joaquin County Employees Retirement Association has approved a $40 million commitment to Oaktree Special Situations Fund III.

San Joaquin previously invested in the Oaktree Middle-Market Direct lending strategy. 

As of September 30, 2023, the pension fund was valued at $4 billion.

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