Ohio School Employees Retirement System, Columbus, committed $100 million to Carlyle Property Investors.
The $16.5 billion pension fund's board approved the commitment to the open-end core-plus real estate fund managed by Carlyle Group at its Feb. 18 meeting, said Tim Barbour, SERS spokesman, in an email.
As of Dec. 31, the actual allocation to global real assets was 14.7%; the target is 16%.