Ohio School Employees Retirement System, Columbus, made two new commitments totaling $40 million.
The $14.5 billion pension fund committed $30 million to Francisco Partners Credit Fund, a technology-focused credit strategy, and $10 million to Francisco Partners V - Prince Coinvestment Fund, a buyout fund, said Tim Barbour, pension fund spokesman, in an email.
The pension fund's previous commitments to Francisco Partners funds were $50 million to Francisco Partners V in 2017, $25 million to Agility Fund in 2016 and $50 million to Francisco Partners IV in 2014.
As of Aug. 31, the actual allocation to global private equity was 9.7%; the target is 10%.
