Institution: School Employees’ Retirement System of Ohio
Headquarters: Columbus, US
AUM: $17.46 billion
Allocation to alternatives: 26.5%
School Employees’ Retirement System of Ohio has approved over $600 million-worth of commitments for the second quarter of 2021, according to the pension’s board meeting highlights.
The commitments in May comprise $200 million to Apollo Origination Partnership, $150 million to Barings Europe Private Loan Fund III, $75 million apiece to Monomoy Capital Partners IV and Strategic Value Special Situations Fund V, and $8 million to Francisco Partners‘ Zocdoc co-investment vehicle.
The $17.46 billion pension fund has a target allocation of 11 percent to private equity which currently stands at 10.2 percent.
As illustrated below, SERS Ohio’s recent fund commitments have predominantly targeted various lending strategies across multiple sectors and regions.
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