Ohio State Teachers’ approves $75m commitment

The US public pension has backed a Vista Equity Partners' fourth series Foundation fund.

Institution: State Teachers Retirement System of Ohio
Headquarters: Columbus, United States
AUM: $78.94bn
Allocation to alternatives: 26.70%
Bitesize: $50-100m

State Teachers Retirement System of Ohio has committed $75 million to Vista Foundation Fund IV, a contact at the pension informed Private Equity International. The fund focuses on TMT investments in North America.

The $78.94 billion US public pension has a 7.0 percent target allocation to private equity that currently stands at 8.10 percent.

As illustrated below, the Ohio State Teachers’ has made four commitments to private equity funds with a 2019 vintage, which combined constitutes $375 million.

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