Ohio School Employees Retirement System, Columbus, committed $75 million to KKR Ascendant.
The $17.6 billion pension fund's board approved the commitment to the buyout fund managed by KKR & Co. at its June 15 meeting, according to board meeting highlights emailed by spokesman Tim Barbour.
The pension fund previously committed $50 million to KKR Private Credit Opportunities Fund II in 2021.
As of April 30, the pension fund's actual allocation to global private equity was 12.6%; the target is 12%.
