OPERS approves $250m commitment

The US public pension has backed a private equity fund.

Institution: Ohio Public Employees Retirement System
Headquarters: Columbus, US
AUM: $98.10 billion
Allocation to alternatives: 18.50%

Ohio Public Employees Retirement System has agreed to commit $250 million to Francisco Partners VI, a contact at the pension informed Private Equity International.

The $98.10 billion US public pension has a 10.0 percent target allocation to private equity that currently stands at 9.40 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 Europe and North America regions.

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