Updated with correction.
The pension fund committed $15 million to BlackRock Global Credit Opportunities Fund II. An incorrect fund name appeared in a version of the story that ran in the July 12 P&I Daily.
Ohio State Highway Patrol Retirement System, Columbus, made three new private credit commitments totaling $40 million.
The $1.1 billion pension fund committed $15 million each to BlackRock Global Credit Opportunities Fund II and Silver Point Specialty Credit Fund II, managed by Silver Point Capital; and $10 million to Proterra Credit Fund 2, managed by Proterra Investment Partners, said Michael Press, chief investment officer and general counsel, in an email.
The pension fund's target allocation to opportunistic fixed income is 9%.
Mr. Press could not be immediately reached for further information.
