OHSERS approves $50m commitment

The US public pension has backed a North American private equity fund.

Institution: School Employees’ Retirement System of Ohio
Headquarters: Columbus, US
AUM: $15.34 billion
Allocation to alternatives: 27.10%

School Employees’ Retirement System of Ohio has agreed to commit $50 million to GoldenTree Structured Products Fund VII, a contact at the pension informed Private Equity International.

The $15.34 billion US public pension has a 12.0 percent target allocation to private equity that currently stands at 10.80 percent.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the renewables, technology, financial services and healthcare sectors within the Asia-Pacific, Europe, Middle East/Africa and North America regions.

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