Ohio Police & Fire Pension Fund, Columbus, committed a total of $85 million to four private equity funds, confirmed spokesman David Graham.
The $12.5 billion pension fund committed $30 million to Coller International Partners VI, a global fund specializing in secondary transactions, and $25 million to Harvest Partners VI, a fund specializing in leveraged buyout and growth capital investments in North America-based middle-market companies.
The pension fund also committed $20 million to Northgate Venture Partners VI and $10 million to the Small Market PE Series of Northgate V. Ohio Police & Fire previously committed $15 million to two Northgate funds in June 2011.
The total leaves $115 million left in private equity commitments the pension fund expects to make in 2012 to bring it closer to its 7% private equity target. General consultant Wilshire Associates and pension fund staff will make recommendations.
Separately, the fund placed Mellon Capital Management on watch for performance for a $191 million active currency portfolio. Mellon Capital spokesman Mike Dunn said it is company policy not to comment on client activities.