Ohio Police & Fire Pension Fund, Columbus, committed up to $10 million to GTCR Strategic Growth Fund I.
The $19 billion pension fund's investment committee approved the middle-market buyout fund commitment at its meeting Wednesday, said David Graham, pension fund spokesman.
The pension fund has made commitments to multiple GTCR funds, most recently committing up to $30 million to GTCR XIII in 2020.
Currently, the pension fund has an actual allocation of 10.5% to private markets. The target is 8%.
Private markets consultant Aksia TorreyCove assisted.