Ohio Police & Fire Pension Fund, Columbus, made two new commitments totaling up to $85 million, spokesman David Graham said in an e-mail.
The $14.3 billion pension fund committed up to $50 million to Asana Partners Fund I, a value-added real estate fund focused on retail properties. Asana Partners was formed in 2015.
Real estate consultant The Townsend Group assisted.
Also, the pension fund committed up to $35 million to Trident VII, a buyout fund managed by Stone Point Capital. It is also a first-time commitment.
Private markets consultant TorreyCove Capital Partners assisted.
Separately, the pension fund named Loomis Sayles & Co., Prudential Fixed Income and Wellington Management as finalists in its search for two managers to run a total of $800 million in leveraged core fixed income. The pension fund conducted an invitation-only search beginning in June for managers to replace J.P. Morgan Asset Management, which was terminated in May from a similar strategy due to personnel and strategy changes. JPMAM ran $540 million, and the new managers will be funded from that portfolio as well as to-be-determined overweight asset classes.
The pension fund will interview the managers at its Oct. 26 meeting, with a decision expected shortly thereafter.
General investment consultant Wilshire Associates is assisting.
