STRS Ohio approves $50m commitment

The US public pension has backed a technology-focused private equity fund.

Institution: State Teachers Retirement System of Ohio
Headquarters: Columbus, United States
AUM: $77.90 billion
Allocation to alternatives: 27.60%

State Teachers Retirement System of Ohio has confirmed a $50 million commitment to Francisco Partners Agility Fund II, a contact at the pension told Private Equity International.

The $77.90 billion US public pension has a 7.0 percent target allocation to private equity that currently stands at 8.80 percent.

As illustrated below, the institution has historically committed to funds with a North America focus.

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