The $18.34 billion Ohio Police & Fire Pension Fund continues to add to its private credit program, which is slated to grow in the range of $250 million to $300 million by 2022.
Officials outlined an investment plan for the private credit investment portfolio at the June investment committee meeting. The aim is to maintain an asset class target of 5% or over $900 million.
Currently the private credit exposure total 2.79% or $510 million, but trustees approved investment pacing plans for the portfolio over a four-year timeframe that calls for the . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.