Ohio State Teachers Retirement System, Columbus, committed a total of $75 million to three venture capital funds managed by General Catalyst Partners.
The $82 billion pension fund committed $33 million to General Catalyst Group X-Growth Venture, $22 million to General Catalyst Group X-Endurance, and $20 million to General Catalyst Group X-Early Venture, said Nick Treneff, pension fund spokesman, in an email.
As of Dec. 31, the pension fund's actual allocation to alternative investments was 17.3%; the target is 17%.