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Ohio State Teachers approves $150m in commitments

The US public pension has backed energy- and TMT-focused funds.

State Teachers Retirement System of Ohio has approved a $125 million commitment to Francisco Partners V and a $25 million commitment to Redpoint Omega III.

The $76 billion US public pension has a 7 percent target allocation to private equity that currently stands at 6.6 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.