Ohio State Highway Patrol Retirement System, Columbus, made two new commitments totaling $40 million.
The $1 billion pension fund committed $20 million each to middle-market buyout fund Genstar Capital Partners X and Oaktree Real Estate Opportunities Fund VIII, a distressed credit real estate fund managed by Oaktree Capital Management, said Mike Press, chief investment officer and general counsel.
The pension fund's current allocations to private equity and real estate are 10.9% and 6.5%, respectively.
Investment consultant Clearstead assisted.
