OP&F approves $40m in commitments

The US public pension has backed two buyout funds.

Institution: Ohio Police & Fire Pension Fund
Headquarters: Columbus, United States
AUM: $15.97bn
Allocation to alternatives: 24.30%
Bitesize: $10-50m

Ohio Police & Fire Pension Fund has agreed to commit up to $20 million each to Francisco Partners VI and Altaris Health Partners V, a contact at the pension informed Private Equity International.

The $15.97 billion US public pension has an 8.0 percent target allocation to private equity that currently stands at 8.30 percent.

As illustrated below, the Ohio Police & Fire has made 10 commitments to private equity funds with a 2019 or 2020 vintage, which combined constitute $230 million.

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