Ohio State Teachers' Retirement System, Columbus, disclosed two new private equity commitments totaling $100 million.
The $87.4 billion pension fund disclosed commitments of $50 million each to Ashbridge Annex Fund I, a buyout fund managed by Morgan Stanley, and growth equity fund PSG VI, a spokesperson said.
The pension fund previously committed €50 million ($54 million) to PSG Europe II in 2022. There is no record of prior Ashbridge commitments.
As of Sept. 30, the pension fund's actual allocation to private equity was 11.3%; the target is 9%.