Ohio State Highway Patrol Retirement System, Columbus, committed $15 million to H.I.G. Middle Market LBO Fund IV, a middle-market buyout fund managed by H.I.G. Capital, said Michael Press, chief investment officer and general counsel.
The $1.1 billion pension fund previously committed $20 million to H.I.G. Advantage Buyout Fund in 2017.
As of June 30, the pension fund's actual allocation to private equity was 17.8%.