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Distressed Debt

LACERS commits $35M across Oaktree Capital Management, Thoma Bravo funds

by altassets.net posted 3years ago 6747 views
The $13.9bn Los Angeles City Employees’ Retirement System plans to commit $35m to private equity funds managed by Oaktree Capital Management and Thoma Bravo. LACERS agreed to commit up to $7.5m to Oaktree Opportunities Fund Xa, a distressed debt fund which is currently out targeting $3bn of capital, according to the agenda of its latest administration board meeting.

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