Ohio Police & Fire Pension Fund, Columbus, made two new commitments totaling up to $100 million, spokesman David Graham said in an e-mail.
The $14.6 billion pension fund committed up to $50 million to Blackstone Capital Partners VII, a private equity fund managed by Blackstone Group.
It is the first time the pension fund has committed to a Blackstone private equity fund after committing to four real estate funds and a direct lending fund. The pension fund committed up to $70 million to Blackstone Real Estate Partners VIII in February.
Separately, the pension fund committed up to $50 million to Gerrity Retail Fund II, a value-added real estate fund that focuses on primary-market community shopping centers in the western U.S. It is the pension fund’s first commitment to a Gerrity Group fund.