Ohio School Employees Retirement System, Columbus, committed $50 million to GoldenTree Structured Products Opportunities Fund 2013 and $30 million to Ford Financial Fund II, said Tim Barbour, spokesman for the $12.1 billion pension fund.
The fund run by GoldenTree Asset Management is in a credit strategy, and the Ford fund focuses on bank recapitalization.
Both allocations are categorized by the pension fund as opportunistic investments; the pension fund does not have a set allocation to opportunistic investments but can invest up to 5% of assets, Mr. Barbour said.
