OP&F reveals 2021 investment plan

US pension outlines its private equity plan for 2021.

Institution: Ohio Police & Fire Pension Plan
Headquarters: Columbus, US
AUM: $16.24 billion
Allocation to alternatives: 25.92%

Ohio Police & Fire Pension Fund has revealed that for the calendar year 2021, OP&F staff along with investment consultants Wilshere Associates and Aksia Torrey, recommended an investment plan calling for between $80 million and $120 million in new commitments to private equity. The target range is designed to maintain the 8.0 percent target for the OP&F private equity portfolio.

The pension has also approved a recommendation to commit up to $50 million to Raven Asset-Based Credit Fund II, a contact at the pension informed Private Equity International.

The $16.24 billion US public pension has an 8.0 percent target allocation to private equity that currently stands at 9.27 percent.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the financial services, healthcare, business services and technology sectors across North America and Europe.

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