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Retirement System

Investment management for the City employees' pension fund

Original title: “Investment Management Services”

$256,993
paid on this contract in FY2024
$3.5M paid so far, of $10.0M agreed · runs to June 2028
July 1, 2017June 30, 2028
running

Paid to

Oaktree Capital Management LPprime contractor$3.5M

Paid from, FY2024

The fund tells which City account paid. Enterprise funds (Airport, Muni, Water…) are mostly paid from their own fees, fares and rents; the General Fund is mostly local taxes. The fund does not say where the money first came from.

Pension and employee benefit trust fund · operating100%$256,993

Paid year by year, FY2018–FY2024

$481,726 in FY2018 · $613,214 in FY2022 (the highest) · $256,993 in FY2024

Click a year to see its amount.

Type and award

Contract type: Rents and other non-purchase agreements

Award: No purchasing authority in legacy system

Next contract in this departmentHearing officer services for the Retirement System14th of 56 active contracts in this department by amount agreed$9.0M

Contract 1000007741 · Source: Supplier Contracts · every payment on this contract