Ohio Police & Fire Pension Fund, Columbus, approved three new commitments totaling up to $155 million, said David Graham, spokesman, in an email.
The $15 billion pension fund committed up to $75 million to Owl Rock Capital Corp., a U.S. middle-market direct lending fund managed by Owl Rock Capital Partners. It is the first commitment for the pension fund to Owl Rock and its fifth direct-lending commitment.
The pension fund also committed up to $50 million to Heitman Asia-Pacific Property Investors, a core real estate fund. The pension fund also is invested in Heitman Core Property Fund, an open-end fund.
Also, the pension fund committed up to $30 million to Apollo Investment Fund IX, a buyout fund managed by Apollo Global Management. It is the first commitment to an Apollo fund for the pension fund.