Ohio Schools preps for private credit assignment
At its March meeting, the board of the $18.7 billion School Employees Retirement System of Ohio (OHSERS) approved $60 million in new commitments to opportunistic and private equity investments.
The commitments are its most recent in the strategies, and the fund’s staff continues to research more such opportunities, a fund spokesman confirmed.
OHSERS’ board approved a $50 million commitment to PanAgora, a risk parity strategy within the system’s opportunistic portfolio, and a $10 million commitment to Francisco Partners V Renaissance Co-Invest, a buyout strategy within its private equity portfolio.
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