OPEB Trust Nears Exit from Crescent Direct Lending Fund

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Closed-end private debt fund nearing the end of its commitment term; no renewal terms are discussed.

Document type

Agenda

Source document

Town of Palm Beach Investment Advisory Committee Meeting Agenda 2026-08-21

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Ocala Housing Authority, Florida$2,500,000 capital commitmentDec 1, 2025

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Ocala Housing Authority, Florida$689,301 (market value as of Sept 30, 2024); capital committed $2,500,000; fee 0.75% of invested equity; 7% hurdle rate; management fees $18,530 to date; expenses $30,361Dec 2, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Palm Beach?

Crescent Direct Lending Levered Fund Ii was awarded this financial services contract by Town of Palm Beach, as recorded on August 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Palm Beach Investment Advisory Committee Meeting Agenda 2026-08-21 (Agenda), dated August 19, 2026 from Town of Palm Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Crescent Direct Lending Levered Fund Ii hold?

Crescent Direct Lending Levered Fund Ii may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Crescent Direct Lending Levered Fund Ii's profile

What is Town of Palm Beach currently buying?

Explore Town of Palm Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Palm Beach's profile

Scope & details

Related contracts

Frequently asked questions

Who was awarded the financial services contract by Town of Palm Beach?

What type of contract is this?

Where was this contract approved?

What other contracts does Crescent Direct Lending Levered Fund Ii hold?

What is Town of Palm Beach currently buying?

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