Ohio School Employees Retirement System, Columbus, committed $75 million to Greenspring Secondaries Fund V.
The $18.3 billion pension fund's investment committee approved the commitment to the secondary private equity fund managed by Greenspring Associates at its Dec. 16 meeting, according to meeting highlights emailed by SERS spokesman Tim Barbour.
It is the pension fund's first commitment to a Greenspring fund.
As of Oct. 31, the pension fund's actual allocation to global private equity was 11.3%; the target is 12%.
