Ohio Police & Fire Pension Fund, Columbus, made two new private markets commitments totaling up to $45 million.
The $17.7 billion pension fund committed up to $25 million to TA XIV, a middle-market growth equity fund managed by TA Associates, and up to $20 million to Veritas Capital Vantage Fund, a North American buyout fund managed by Veritas Capital Fund Management, spokesman David Graham said in an email.
The pension fund previously committed up to $20 million each to TA XIII and Veritas Capital Fund VII, both in 2019.
As of Feb. 28, the actual allocation to private markets was 9.7%.
Separately, OP&F placed Bridgewater Associates on watch for a $1.5 billion levered Treasury inflation-protected securities portfolio it manages for the pension fund. Mr. Graham said the move to place Bridgewater on watch was "primarily for performance issues."
Ryan FitzGibbon, spokeswoman for Bridgewater, could not immediately provide comment.
As of Feb. 28, the actual allocation to U.S. inflation-protected securities was 17.4%.
