Searches and Hires

Ohio School Employees calls on BlueBay for direct lending fund commitment

Ohio School Employees Retirement System, Columbus, committed €50 million ($61 million) to BlueBay Direct Lending Fund III, a European direct lending fund managed by BlueBay Asset Management, said Tim Barbour, pension fund spokesman, in an email.

The $14.7 billion pension fund previously committed €50 million to BlueBay Direct Lending Fund II in 2015.

The pension fund's allocation to opportunistic and tactical strategies was 2.2% as of Jan. 31; the target range is zero to 5%.