Ohio School Employees Retirement System, Columbus, approved new commitments totaling $85 million.
Within its opportunistic and tactical investments portfolio, the $18.2 billion pension fund's board approved a commitment of $50 million to Carlyle CLO Partners Preferred, a collateralized loan obligation captive equity fund managed by Carlyle Group at its Feb. 15 meeting, according to a meeting summary emailed by spokesman Tim Barbour.
As of Dec. 31, the actual allocation to opportunistic and tactical investments was 3.1%; the target is zero.
Within global real assets, the board approved $15 million to GIP Oak Co-invest III Core Fund Vantage Towers and $10 million to GIP CAPS II Lackawanna Power Plant Co-Investment, both infrastructure funds managed by Global Infrastructure Partners; and $10 million to core real estate fund GI Partners Elk Grove Data Center Co-Investment.
As of Dec. 31, the actual allocation to global real assets was 19.4%; the target is 20%.