Ohio Police & Fire Pension Fund, Columbus, made two new commitments totaling up to $90 million.
The $18.6 billion pension fund's investment committee approved commitments of up to $60 million to Almanac Realty Securities IX, a value-added real estate fund managed by Almanac Realty Investors, and up to $30 million to Clearlake Capital Partners VII, a private equity special situations and value fund managed by Clearlake Capital Group, at its meeting Wednesday, spokesman David Graham said in an email.
The actual allocations to private markets and real estate are currently 10.6% and 9.3%, respectively, Mr. Graham said.
Also, the investment committee on Wednesday approved a follow-on commitment of $25 million to Raven Asset Based Credit Fund II, a lower middle-market private credit fund managed by Raven Capital Management.
The pension fund originally committed $50 million to Raven Asset Based Credit Fund II in December.
The actual allocation to private credit is currently 2.8%, Mr. Graham said.
