SERS Ohio commits to latest buyout fund

SERS Ohio has committed to Kohlberg & Company's Kohlberg Investors X.

Name: School Employees’ Retirement System of Ohio
Headquarters: Columbus, United States
AUM: $17.14 billion
Allocation to private equity: 12.5%

The School Employees’ Retirement System of Ohio (SERS Ohio) has approved a private equity commitment, according to materials from its latest board meeting.

Kohlberg Investors X, a mid-market buyout fund managed by Kohlberg & Company, received a $50 million commitment, while its sidecar co-investment vehicle received $25 million. The pension previously made a $50 million commitment to Kohlberg Investors IX.

SERS Ohio has a 12.5 percent allocation to private equity, which comprises $2.14 billion in capital. It currently has a target allocation of 12 percent.

As illustrated below, SERS Ohio’s recent private equity commitments are focused on North American vehicles that invest in various sectors and strategies.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.