Ohio State Teachers' Retirement System, Columbus, disclosed private equity commitments totaling up to $84 million, said Nick Treneff, pension fund spokesman, in an email.
The $91.6 billion pension fund committed up to €50 million ($54) million) to PSG Europe II, a private equity growth fund targeting software and tech-enabled service companies in Europe, and up to $30 million to MED Platform II, a healthcare buyout fund managed by ArchiMed, he said.
Both are the pension fund's first commitments to these managers, he added.
As of April 30, the pension fund's actual allocation to private equity was 12.1%; the target is 7%.
