Ohio PERS commits to HgCapital private equity fund

Ohio Public Employees Retirement System, Columbus, committed $200 million to HgCapital 7, confirmed spokesman Michael Pramik.

The international private equity fund focuses on middle-market investments in the U.K., Germany, Scandinavia and the Benelux region.

The retirement system, which includes defined benefit assets totaling $69.7 billion, previously invested in HgCapital 5 and HgCapital 6.