Ohio Police & Fire Pension Fund, Columbus, made two new commitments totaling up to about $81 million, spokesman David Graham said in an e-mail.
The $14.9 billion pension fund committed up to €38 million ($41 million) to EQT VII, a buyout fund managed by EQT Partners. It is the first commitment for the pension fund to an EQT fund.
Also, the pension fund committed up to $40 million to TA XII, a buyout fund managed by TA Associates. The pension fund previously committed $25 million to TA XI in April 2009.
Separately, the pension fund's board at its Wednesday meeting voted to rescind its pending commitment of $40 million to distressed debt fund BDCM Opportunity Fund IV, managed by Black Diamond Capital Management. The board had originally approved the commitment in October.
The change is the result of the board deciding not to invest in middle-market distressed debt after further evaluation of the market.
