The board of trustees of the Ohio Police & Fire Pension Fund (OP&F) at its June meeting last Thursday approved its 2022-23 private credit investment plan, which includes a pacing plan to reach a 5% asset-class target by 2028.
The plan calls for commitments of $250 million to $300 million between July 2022 and June 2023. Currently, OP&F’s private credit portfolio is valued at $540 million, or 2.9% of its total portfolio, according to a spokesperson for the public pension fund.
Also at its meeting last week . . .
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