Ohio Police & Fire Pension Fund, Columbus, approved two new commitments totaling up to $200 million.
The $18.1 billion pension fund’s board at its Aug. 28 meeting approved commitments of up to $125 million to Blackstone Infrastructure Partners, an open-end, core-plus infrastructure fund focused primarily on North America, and up to $75 million to WCP NewCold III, an opportunistic real estate fund concentrating on temperature-controlled storage facilities managed by Westport Capital Partners, spokesman David Graham said.
The pension fund’s actual allocations to real estate and real assets are 9.9% and 6.6%, respectively; their respective long-term targets are 12% and 8%.
