OP&F approves $50m commitment

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

Institution: Ohio Police & Fire Pension Fund
Headquarters: Columbus, United States
AUM: $15.1 billion
Allocation to alternatives: 29.2%

Ohio Police & Fire Pension Fund has agreed to commit $50 million to Crayhill Principal Strategies Fund II, a contact at the pension informed Private Equity International.

The $15.1 billion US public pension has an 8 percent target allocation to private equity that currently stands at 10.1 percent.

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

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