OHSERS approves $250m in commitments

The US public pension has backed five private equity funds.

Institution: School Employees’ Retirement System of Ohio
Headquarters: Columbus, US
AUM: $14.21 billion
Allocation to alternatives: 27.10%

School Employees’ Retirement System of Ohio has confirmed $250 million-worth of private equity commitments to five vehicles, a contact at the pension informed Private Equity International.

The commitments comprise $50 million each to Francisco Partners Agility Fund II and KKR Dislocation Opportunities and Francisco Partners VI, as well as a further $50 million top-up each to HPS Specialty Loan Fund V and LBC Credit Partners V.

The $14.21 billion US public pension has a 12.0 percent target allocation to private equity, with a current allocation of 10.80 percent.

As illustrated below, the pension fund’s recent commitments are to funds focused on the technology, healthcare and consumer goods sectors within Europe and North America regions.

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